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WR Grace Bullish Moving Average Crossover Alert (GRA)

By David Diaz

Today, shares of WR Grace (NYSE:GRA) have advanced above their 10-day MA of $75.19 on a volume of 361K 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.

Over the past year, WR Grace has traded in a range of $63.84 to $104.94 and is now at $75.60, 18% above that low. The 200-day and 50-day moving averages have moved 0.56% lower and 0.93% higher over the past week, respectively.

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 22.5%. 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