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Winnebago Inds Crosses Above its 10-day MA (WGO)

By James Quinn

Today, shares of Winnebago Inds (NYSE:WGO) have advanced above their 10-day MA of $43.99 on a volume of 263K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Winnebago Inds has traded in a range of $20.99 to $58.65 and is now at $45.00, 114% above that low. The 200-day and 50-day moving averages have moved 0.16% lower and 0.90% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Winnebago Inds on January 17th, 2018 by issuing a Downtrend alert when the shares were trading at $53.61. Since that call, shares of Winnebago Inds have fallen 19.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses winnebago inds

Ticker(s): WGO