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Xylem Bullish Moving Average Crossover Alert (XYL)

By David Diaz

Xylem (NYSE:XYL) shares have crossed bullishly above their 10-day moving average of $37.51 on a volume of 555K 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.

Xylem share prices have moved between a 52-week high of $38.08 and a 52-week low of $29.90 and are now trading 26% above that low price at $37.78 per share. The 200-day and 50-day moving averages have moved 0.04% higher and 0.17% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Xylem on January 27th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $35.12. Since that recommendation, shares of Xylem have risen 6.5%. We continue to monitor XYL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses xylem

Ticker(s): XYL