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Whirlpool Corp Bearish Moving Average Crossover Alert (WHR)

By Amy Schwartz

Today, shares of Whirlpool Corp (NYSE:WHR) have fallen below their 10-day MA of $146.32 on a volume of 644K 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.

Whirlpool Corp share prices have moved between a 52-week high of $152.70 and a 52-week low of $99.40 and are now trading 44% above that low price at $143.49 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.6%.

SmarTrend recommended that subscribers consider buying shares of Whirlpool Corp on June 6th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $127.27. Since that recommendation, shares of Whirlpool Corp have risen 16.6%. We continue to monitor WHR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses whirlpool corp

Ticker(s): WHR