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Williams Cos Inc Crosses Below its 10-day MA (WMB)

By Amy Schwartz

Williams Cos Inc (NYSE:WMB) shares have crossed bearishly below their 10-day moving average of $27.47 on a volume of 1.9 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Williams Cos Inc has traded in a range of $20.36 to $32.22 and is now at $26.64, 31% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.2%.

SmarTrend is tracking the current trend status for Williams Cos Inc and will alert subscribers who have WMB in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses williams cos inc

Ticker(s): WMB