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Taubman Centers Bullish Moving Average Crossover Alert (TCO)

By James Quinn

Taubman Centers (NYSE:TCO) crossed over its 10-day moving average of $44.35 on a volume of 226K 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.

In the past 52 weeks, Taubman Centers share prices have been bracketed by a low of $26.24 and a high of $54.50 and are now at $46.30, 76% above that low price. The 200-day and 50-day moving averages have moved 0% lower and 2.58% higher over the past week, respectively.

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

Keywords: moving crosses taubman centers

Ticker(s): TCO