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Milacron Holding Crosses Above its 10-day MA (MCRN)

By David Diaz

Milacron Holding (NYSE:MCRN) shares have crossed bullishly above their 10-day moving average of $14.33 on a volume of 4.1 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.

Over the past year, Milacron Holding has traded in a range of $11.11 to $22.09 and is now at $16.92, 52% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has slid 1.1%.

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

Keywords: moving crosses milacron holding

Ticker(s): MCRN