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Xylem Crosses Above its 10-day MA (XYL)

By Shiri Gupta

Xylem (NYSE:XYL) crossed over its 10-day moving average of $51.38 on a volume of 439K 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 Xylem have traded between a low of $29.90 and a high of $54.99 and are now at $52.67, which is 76% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.9%.

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

Keywords: moving crosses xylem

Ticker(s): XYL