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Vulcan Materials Bullish Moving Average Crossover Alert (VMC)

By Amy Schwartz

Vulcan Materials (NYSE:VMC) shares have crossed bullishly above their 10-day moving average of $114.76 on a volume of 313K 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 Vulcan Materials have traded between a low of $78.83 and a high of $138.18 and are now at $115.06, which is 46% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Vulcan Materials on February 7th, 2017 by issuing a Downtrend alert when the shares were trading at $122.80. Since that call, shares of Vulcan Materials have fallen 6.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Vulcan Materials

Ticker(s): VMC