Emerson Electric Breaks Above 200-Day Moving Average – Bullish for EMR


In trading on Tuesday, shares of Emerson Electric Co. (Symbol: EMR) crossed above their 200 day moving average of $95.72, changing hands as high as $95.97 per share. Emerson Electric Co. shares are currently trading up about 4.5% on the day. The chart below shows the one year performance of EMR shares, versus its 200 day moving average:

Looking at the chart above, EMR’s low point in its 52 week range is $78.005 per share, with $105.99 as the 52 week high point — that compares with a last trade of $95.95. The EMR DMA information above was sourced from TechnicalAnalysisChannel.com

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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