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Trimble Inc Crosses Above its 10-day MA (TRMB)

By Nick Russo

Today, shares of Trimble Inc (NASDAQ:TRMB) have crossed bullishly above their 10-day moving average of $37.19 on a volume of 188K 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, Trimble Inc share prices have been bracketed by a low of $23.65 and a high of $39.45 and are now at $37.41, 58% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Trimble Inc on February 9th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $31.39. Since that recommendation, shares of Trimble Inc have risen 17.6%. We continue to monitor TRMB for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses trimble inc

Ticker(s): TRMB