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Bullish Moving Average Cross by Borgwarner Inc (BWA)

By Amy Schwartz

Borgwarner Inc (NYSE:BWA) shares have crossed bullishly above their 10-day moving average of $39.77 on a volume of 470K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Borgwarner Inc have traded between a low of $30.71 and a high of $44.78 and are now at $43.11, which is 40% above that low price. The 200-day and 50-day moving averages have moved 0.02% higher and 1.29% higher over the past week, respectively.

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

Keywords: moving crosses borgwarner inc

Ticker(s): BWA