• Return to Headlines

Whirlpool Crosses Above its 10-day MA (WHR)

By Amy Schwartz

Whirlpool (NYSE:WHR) shares have crossed bullishly above their 10-day moving average of $169.09 on a volume of 159K 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.

In the past 52 weeks, shares of Whirlpool have traded between a low of $123.60 and a high of $193.59 and are now at $171.35, which is 39% above that low price. The 200-day and 50-day moving averages have moved 0.12% higher and 1.31% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Whirlpool on April 26th, 2016 by issuing a Downtrend alert when the shares were trading at $175.42. Since that call, shares of Whirlpool have fallen 4.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Whirlpool

Ticker(s): WHR