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Vulcan Materials Crosses Above its 10-day MA (VMC)

By David Diaz

Today, shares of Vulcan Materials (NYSE:VMC) have advanced above their 10-day MA of $112.66 on a volume of 270K 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.

In the past 52 weeks, shares of Vulcan Materials have traded between a low of $105.71 and a high of $141.20 and are now at $113.47, which is 7% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Vulcan Materials on February 21st, 2018 by issuing a Downtrend alert when the shares were trading at $123.91. Since that call, shares of Vulcan Materials have fallen 9.8%. 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