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Yrc Worldwide In Bullish Moving Average Crossover Alert (YRCW)

By David Diaz

Yrc Worldwide In (NASDAQ:YRCW) crossed over its 10-day moving average of $8.42 on a volume of 184K 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.

In the past 52 weeks, Yrc Worldwide In share prices have been bracketed by a low of $7.36 and a high of $17.61 and are now at $8.52, 16% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Yrc Worldwide In on February 2nd, 2018 by issuing a Downtrend alert when the shares were trading at $13.13. Since that call, shares of Yrc Worldwide In have fallen 36.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses yrc worldwide in

Ticker(s): YRCW