Toll Brothers Crosses Above its 10-day MA (TOL)
Today, shares of Toll Brothers (NYSE:TOL) have crossed bullishly above their 10-day moving average of $29.50 on a volume of 207K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, Toll Brothers share prices have been bracketed by a low of $23.75 and a high of $42.19 and are now at $29.75, 25% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 0.2%.
SmarTrend is tracking the current trend status for Toll Brothers and will alert subscribers who have TOL in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Toll Brothers