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Triumph Bullish Moving Average Crossover Alert (TGI)

By James Quinn

Today, shares of Triumph (NYSE:TGI) have advanced above their 10-day MA of $36.18 on a volume of 1.0 million 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 Triumph have traded between a low of $22.94 and a high of $70.68 and are now at $36.81, which is 60% above that low price. The 200-day and 50-day moving averages have moved 1.03% lower and 1.69% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Triumph on February 18th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $27.72. Since that recommendation, shares of Triumph have risen 24.7%. We continue to monitor TGI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses triumph

Ticker(s): TGI