The Williams Cos Crosses Above its 10-day MA (WMB)
The Williams Cos (NYSE:WMB) crossed over its 10-day moving average of $21.62 on a volume of 2.4 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
The Williams Cos share prices have moved between a 52-week high of $61.38 and a 52-week low of $10.22 and are now trading 120% above that low price at $22.53 per share. The 200-day and 50-day moving averages have moved 2.36% lower and 1.65% higher over the past week, respectively.
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 12.4%. 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