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The Williams Cos Bullish Moving Average Crossover Alert (WMB)

By Amy Schwartz

The Williams Cos (NYSE:WMB) crossed over its 10-day moving average of $20.85 on a volume of 2.6 million 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.

In the past 52 weeks, shares of The Williams Cos have traded between a low of $10.22 and a high of $61.38 and are now at $21.21, which is 108% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 2.4% while the 50-day MA has advanced 1.7%.

SmarTrend recommended that subscribers consider buying shares of The Williams Cos on April 21st, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $19.11. Since that recommendation, shares of The Williams Cos have risen 7.0%. We continue to monitor WMB for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses the williams cos

Ticker(s): WMB