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Bearish Moving Average Cross by Ncr Corp (NCR)

By Amy Schwartz

Today, shares of Ncr Corp (NYSE:NCR) have crossed bearishly below their 10-day moving average of $30.69 on a volume of 145K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Ncr Corp share prices have moved between a 52-week high of $33.00 and a 52-week low of $20.93 and are now trading 46% above that low price at $30.58 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Ncr Corp on April 16th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $29.32. Since that recommendation, shares of Ncr Corp have risen 5.9%. We continue to monitor NCR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses NCR Corp

Ticker(s): NCR