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Vulcan Materials Bearish Moving Average Crossover Alert (VMC)

By Amy Schwartz

Today, shares of Vulcan Materials (NYSE:VMC) have crossed bearishly below their 10-day moving average of $141.64 on a volume of 170K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Vulcan Materials have traded between a low of $82.52 and a high of $145.36 and are now at $138.00, which is 67% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.6%.

SmarTrend recommended that subscribers consider buying shares of Vulcan Materials on January 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $102.77. Since that recommendation, shares of Vulcan Materials have risen 38.2%. We continue to monitor VMC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Vulcan Materials

Ticker(s): VMC