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WR Grace Bullish Moving Average Crossover Alert (GRA)

By Amy Schwartz

WR Grace (NYSE:GRA) crossed over its 10-day moving average of $74.45 on a volume of 137K shares. Swing traders may find 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 WR Grace have traded between a low of $63.84 and a high of $104.94 and are now at $75.02, which is 18% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 0.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of WR Grace on January 6th, 2016 by issuing a Downtrend alert when the shares were trading at $95.35. Since that call, shares of WR Grace have fallen 23.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses wr grace

Ticker(s): GRA