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Terex Crosses Above its 10-day MA (TEX)

By James Quinn

Today, shares of Terex (NYSE:TEX) have crossed bullishly above their 10-day moving average of $33.24 on a volume of 273K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Terex share prices have moved between a 52-week high of $36.43 and a 52-week low of $13.62 and are now trading 147% above that low price at $33.64 per share. The 200-day and 50-day moving averages have moved 0.05% higher and 0.22% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Terex and will alert subscribers who have TEX in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Terex

Ticker(s): TEX