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Toll Brothers Crosses Above its 10-day MA (TOL)

By Nick Russo

Today, shares of Toll Brothers (NYSE:TOL) have advanced above their 10-day MA of $44.68 on a volume of 164K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Toll Brothers have traded between a low of $25.29 and a high of $52.73 and are now at $44.83, which is 77% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has slid 0.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Toll Brothers on January 29th, 2018 by issuing a Downtrend alert when the shares were trading at $48.29. Since that call, shares of Toll Brothers have fallen 8.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Toll Brothers

Ticker(s): TOL