Nalco Holding (NYSE:NLC) shares have crossed bullishly above their 10-day moving average of $28.42 on a volume of 297K shares. Swing traders may find an opportunity for a long position as such a crossover often suggests higher prices in the near term. A close above this moving average level may confirm this.
Over the past year, Nalco Holding has traded in a range of $20.15 to $32.62 and is now at $28.54, 42% above that low. The 200-day and 50-day moving averages have moved 0.26% higher and 0.66% higher over the past week, respectively.
Nalco Holding Co. provides integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications. The Company's products and services are used in water treatment applications to preven
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