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Western Refining Bullish Moving Average Crossover Alert (WNR)

By Amy Schwartz

Today, shares of Western Refining (NYSE:WNR) have crossed bullishly above their 10-day moving average of $27.68 on a volume of 641K 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.

Western Refining share prices have moved between a 52-week high of $50.71 and a 52-week low of $18.14 and are now trading 55% above that low price at $28.13 per share. The 200-day and 50-day moving averages have moved 1.26% lower and 0.64% lower over the past week, respectively.

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