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Toro Co Crosses Below its 10-day MA (TTC)

By James Quinn

Today, shares of Toro Co (NYSE:TTC) have crossed bearishly below their 10-day moving average of $71.61 on a volume of 121K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Toro Co have traded between a low of $52.97 and a high of $75.25 and are now at $69.81, which is 32% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.4%.

SmarTrend recommended that subscribers consider buying shares of Toro Co on July 18th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $70.22. Since that recommendation, shares of Toro Co have risen 3.1%. We continue to monitor TTC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses toro co

Ticker(s): TTC