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Terex Corp Crosses Above its 10-day MA (TEX)

By Shiri Gupta

Terex Corp (NYSE:TEX) crossed over its 10-day moving average of $29.77 on a volume of 101K 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.

Terex Corp share prices have moved between a 52-week high of $45.47 and a 52-week low of $25.47 and are now trading 19% above that low price at $30.20 per share. The 200-day and 50-day moving averages have moved 0.78% lower and 0.98% lower over the past week, respectively.

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

Keywords: moving crosses terex corp

Ticker(s): TEX