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Xerox Corp Crosses Above its 10-day MA (XRX)

By James Quinn

Xerox Corp (NYSE:XRX) crossed over its 10-day moving average of $34.91 on a volume of 203K 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, shares of Xerox Corp have traded between a low of $18.58 and a high of $35.62 and are now at $35.11, which is 89% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.

SmarTrend is tracking the current trend status for Xerox Corp and will alert subscribers who have XRX in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses xerox corp

Ticker(s): XRX