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Bearish Moving Average Cross by Ncr Corp (NCR)

By David Diaz

Today, shares of Ncr Corp (NYSE:NCR) have crossed bearishly below their 10-day moving average of $31.61 on a volume of 113K 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.

In the past 52 weeks, shares of Ncr Corp have traded between a low of $20.93 and a high of $35.08 and are now at $30.18, which is 44% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.2%.

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 8.4%. 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