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Trinseo Sa Bullish Moving Average Crossover Alert (TSE)

By Amy Schwartz

Trinseo Sa (NYSE:TSE) shares have crossed bullishly above their 10-day moving average of $45.70 on a volume of 152K 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.

Trinseo Sa share prices have moved between a 52-week high of $82.18 and a 52-week low of $41.28 and are now trading 12% above that low price at $46.40 per share. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 1.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Trinseo Sa on March 8th, 2019 by issuing a Downtrend alert when the shares were trading at $46.69. Since that call, shares of Trinseo Sa have fallen 9.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses trinseo sa

Ticker(s): TSE