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General Mills In Crosses Above its 10-day MA (GIS)

By Nick Russo

Today, shares of General Mills In (NYSE:GIS) have crossed bullishly above their 10-day moving average of $52.25 on a volume of 350K 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 General Mills In have traded between a low of $46.59 and a high of $60.00 and are now at $53.05, which is 14% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has remained constant.

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

Keywords: moving crosses general mills in

Ticker(s): GIS