Bearish Moving Average Cross by Assurant (AIZ)
Today, shares of Assurant (NYSE:AIZ) have fallen below their 10-day MA of $90.25 on a volume of 161K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, Assurant has traded in a range of $61.95 to $92.63 and is now at $86.54, 40% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has risen 0.3%.
SmarTrend is tracking the current trend status for Assurant and will alert subscribers who have AIZ in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses assurant