Bearish Moving Average Cross by Chubb (CB)
Today, shares of Chubb (NYSE:CB) have fallen below their 10-day MA of $123.95 on a volume of 156K 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 Chubb have traded between a low of $94.35 and a high of $134.49 and are now at $123.61, which is 31% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for Chubb and will alert subscribers who have CB in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses chubb