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Martin Mar Mtls Bullish Moving Average Crossover Alert (MLM)

By Shiri Gupta

Today, shares of Martin Mar Mtls (NYSE:MLM) have crossed bullishly above their 10-day moving average of $182.09 on a volume of 106K 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.

Martin Mar Mtls share prices have moved between a 52-week high of $281.72 and a 52-week low of $135.08 and are now trading 43% above that low price at $193.06 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.7% while the 200-day MA has slid 0.4%.

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

Keywords: moving crosses martin mar mtls

Ticker(s): MLM