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Bank Ozarks Crosses Below its 10-day MA (OZRK)

By David Diaz

Bank Ozarks (NASDAQ:OZRK) shares have crossed bearishly below their 10-day moving average of $47.15 on a volume of 146K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Bank Ozarks have traded between a low of $33.51 and a high of $56.86 and are now at $46.12, which is 38% above that low price. The 200-day and 50-day moving averages have moved 0.29% lower and 0.13% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Bank Ozarks on March 22nd, 2018 by issuing a Downtrend alert when the shares were trading at $48.76. Since that call, shares of Bank Ozarks have fallen 4.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses bank ozarks

Ticker(s): OZRK