LB Foster Testing 200-Day Moving Average
The moving averages track the previous price action in a stock. In this case, the 200-day moving average compiles the average share price of the last 200 trading days.
Price above the average is perceived as positive while price below the average is negative.
Currently, shares of FSTR is testing this level as a resistance line. Traders will look to see if an increase in volume confirms the break above, which could send higher.
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