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Bearish Moving Average Cross by New Senior Inves (SNR)

By Nick Russo

Today, shares of New Senior Inves (NYSE:SNR) have fallen below their 10-day MA of $9.44 on a volume of 334K 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.

In the past 52 weeks, shares of New Senior Inves have traded between a low of $8.82 and a high of $12.68 and are now at $9.27, which is 5% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.5%.

SmarTrend is tracking the current trend status for New Senior Inves and will alert subscribers who have SNR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses new senior inves

Ticker(s): SNR