• Return to Headlines

Weyerhaeuser Co Bullish Moving Average Crossover Alert (WY)

By Shiri Gupta

Weyerhaeuser Co (NYSE:WY) shares have crossed bullishly above their 10-day moving average of $26.94 on a volume of 118K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Weyerhaeuser Co share prices have moved between a 52-week high of $30.96 and a 52-week low of $20.52 and are now trading 32% above that low price at $27.12 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.4%.

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

Keywords: moving crosses weyerhaeuser co

Ticker(s): WY