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Western Refining Bullish Moving Average Crossover Alert (WNR)

By James Quinn

Western Refining (NYSE:WNR) crossed over its 10-day moving average of $35.16 on a volume of 174K 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 Western Refining have traded between a low of $18.14 and a high of $50.71 and are now at $35.49, which is 96% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 1.3%.

SmarTrend is tracking the current trend status for Western Refining and will alert subscribers who have WNR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses western refining

Ticker(s): WNR