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Wabco Holdings Crosses Below its 10-day MA (WBC)

By Shiri Gupta

Wabco Holdings (NYSE:WBC) shares have crossed bearishly below their 10-day moving average of $132.68 on a volume of 205K shares. This may provide swing traders with 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 Wabco Holdings have traded between a low of $84.48 and a high of $162.20 and are now at $132.30, which is 57% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has slid 0.3%.

SmarTrend is monitoring the recent change of momentum in Wabco Holdings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Wabco Holdings in search of a potential trend change.

Keywords: moving crosses wabco holdings

Ticker(s): WBC