Bank of the Ozarks Crosses Below its 10-day MA (OZRK)
Bank of the Ozarks (NASDAQ:OZRK) shares have crossed bearishly below their 10-day moving average of $38.98 on a volume of 744K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, Bank of the Ozarks has traded in a range of $29.14 to $54.96 and is now at $38.75, 33% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.3%.
SmarTrend is monitoring the recent change of momentum in Bank of the Ozarks. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Bank of the Ozarks in search of a potential trend change.
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