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Bullish Moving Average Cross by Axalta Coating S (AXTA)

By David Diaz

Axalta Coating S (NYSE:AXTA) crossed over its 10-day moving average of $16.96 on a volume of 1.0 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Axalta Coating S share prices have moved between a 52-week high of $32.20 and a 52-week low of $12.92 and are now trading 37% above that low price at $17.75 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 5.2%.

SmarTrend is monitoring the recent change of momentum in Axalta Coating S. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Axalta Coating S in search of a potential trend change.

Keywords: moving crosses axalta coating s

Ticker(s): AXTA