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Bearish Moving Average Cross by Bank of the Ozarks (OZRK)

By Shiri Gupta

Bank of the Ozarks (NASDAQ:OZRK) shares have crossed bearishly below their 10-day moving average of $38.88 on a volume of 144K shares. Swing traders may find 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 $38.68, 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 tracking the current trend status for Bank of the Ozarks and will alert subscribers who have OZRK in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses bank of the ozarks

Ticker(s): OZRK