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Tenneco Inc Bearish Moving Average Crossover Alert (TEN)

By James Quinn

Tenneco Inc (NYSE:TEN) crossed under its 10-day moving average of $14.10 on a volume of 189K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Tenneco Inc have traded between a low of $7.62 and a high of $39.12 and are now at $13.92, which is 83% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.8% while the 50-day MA has advanced 3.5%.

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

Keywords: moving crosses tenneco inc

Ticker(s): TEN