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WESCO International Crosses Below its 10-day MA (WCC)

By James Quinn

Today, shares of WESCO International (NYSE:WCC) have crossed bearishly below their 10-day moving average of $53.46 on a volume of 150K 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.

WESCO International share prices have moved between a 52-week high of $74.61 and a 52-week low of $34.00 and are now trading 56% above that low price at $53.21 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 2.1%.

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

Keywords: moving crosses wesco international

Ticker(s): WCC