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Bullish Moving Average Cross by Huntsman Corp (HUN)

By Shiri Gupta

Today, shares of Huntsman Corp (NYSE:HUN) have advanced above their 10-day MA of $20.09 on a volume of 448K 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.

Over the past year, Huntsman Corp has traded in a range of $17.33 to $33.55 and is now at $20.23, 17% above that low. The 200-day and 50-day moving averages have moved 0.86% lower and 1.36% lower over the past week, respectively.

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

Keywords: moving crosses huntsman corp

Ticker(s): HUN