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Bullish Moving Average Cross by Williams Cos Inc (WMB)

By Nick Russo

Today, shares of Williams Cos Inc (NYSE:WMB) have crossed bullishly above their 10-day moving average of $13.81 on a volume of 4.7 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Williams Cos Inc have traded between a low of $8.41 and a high of $29.55 and are now at $14.26, which is 70% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.4% while the 50-day MA has declined 5%.

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

Keywords: moving crosses williams cos inc

Ticker(s): WMB