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Xpo Logistics In Crosses Above its 10-day MA (XPO)

By Amy Schwartz

Today, shares of Xpo Logistics In (NYSE:XPO) have crossed bullishly above their 10-day moving average of $50.96 on a volume of 575K 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.

In the past 52 weeks, shares of Xpo Logistics In have traded between a low of $38.47 and a high of $100.18 and are now at $56.55, which is 47% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 5.9%.

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

Keywords: moving crosses xpo logistics in

Ticker(s): XPO