• Return to Headlines

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

By Nick Russo

Xerox Corp (NYSE:XRX) shares have crossed bullishly above their 10-day moving average of $30.48 on a volume of 771K 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, Xerox Corp has traded in a range of $22.90 to $37.42 and is now at $31.09, 36% above that low. The 200-day and 50-day moving averages have moved 0.25% lower and 0.03% lower over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Xerox Corp on June 15th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $27.66. Since that recommendation, shares of Xerox Corp have risen 9.1%. We continue to monitor XRX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses xerox corp

Ticker(s): XRX