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Travelers Bullish Moving Average Crossover Alert (TRV)

By David Diaz

Today, shares of Travelers (NYSE:TRV) have crossed bullishly above their 10-day moving average of $111.62 on a volume of 402K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Travelers has traded in a range of $95.21 to $118.28 and is now at $111.83, 17% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses Travelers

Ticker(s): TRV