• Return to Headlines

Bearish Moving Average Cross by Fluor Corp (FLR)

By Shiri Gupta

Fluor Corp (NYSE:FLR) shares have crossed bearishly below their 10-day moving average of $48.86 on a volume of 215K 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 Fluor Corp have traded between a low of $37.04 and a high of $62.09 and are now at $48.57, which is 31% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.9%.

SmarTrend is tracking the current trend status for Fluor Corp and will alert subscribers who have FLR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses fluor corp

Ticker(s): FLR