Commonwealth Bank of Australia (OTCMKTS:CBAUF) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Shares of Commonwealth Bank of Australia (OTCMKTS:CBAUFGet Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $94.84 and traded as high as $95.09. Commonwealth Bank of Australia shares last traded at $95.09, with a volume of 112 shares traded.

Commonwealth Bank of Australia Stock Performance

The company has a 50 day moving average of $94.96 and a 200-day moving average of $90.24.

About Commonwealth Bank of Australia

(Get Free Report)

Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans.

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