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Wr Grace & Co Crosses Below its 10-day MA (GRA)

By David Diaz

Wr Grace & Co (NYSE:GRA) shares have crossed bearishly below their 10-day moving average of $66.24 on a volume of 681K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Wr Grace & Co has traded in a range of $58.48 to $80.56 and is now at $65.68, 12% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.9%.

SmarTrend is monitoring the recent change of momentum in Wr Grace & Co. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Wr Grace & Co in search of a potential trend change.

Keywords: moving crosses wr grace & co

Ticker(s): GRA