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Bullish Moving Average Cross by Fortune Brands H (FBHS)

By James Quinn

Fortune Brands H (NYSE:FBHS) crossed over its 10-day moving average of $41.68 on a volume of 229K 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, Fortune Brands H share prices have been bracketed by a low of $33.90 and a high of $73.28 and are now at $44.85, 32% above that low price. The 200-day and 50-day moving averages have moved 0.59% lower and 4.83% lower over the past week, respectively.

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

Keywords: moving crosses fortune brands h

Ticker(s): FBHS