Whirlpool Crosses Above its 10-day MA (WHR)
Whirlpool (NYSE:WHR) crossed over its 10-day moving average of $184.73 on a volume of 100K 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.
Whirlpool share prices have moved between a 52-week high of $194.10 and a 52-week low of $123.60 and are now trading 51% above that low price at $186.17 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has remained constant.
SmarTrend recommended that subscribers consider buying shares of Whirlpool on July 18th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $178.32. Since that recommendation, shares of Whirlpool have risen 3.1%. We continue to monitor WHR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses Whirlpool