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Wyndham Worldwide Crosses Above its 10-day MA (WYN)

By David Diaz

Wyndham Worldwide (NYSE:WYN) crossed over its 10-day moving average of $95.87 on a volume of 132K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Wyndham Worldwide share prices have been bracketed by a low of $60.59 and a high of $102.44 and are now at $96.01, 58% above that low price. The 200-day and 50-day moving averages have moved 0.43% lower and 0.04% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Wyndham Worldwide on November 14th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $70.79. Since that recommendation, shares of Wyndham Worldwide have risen 35.1%. We continue to monitor WYN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses wyndham worldwide

Ticker(s): WYN