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Bearish Moving Average Cross by Northern Trust (NTRS)

By Amy Schwartz

Today, shares of Northern Trust (NASDAQ:NTRS) have fallen below their 10-day MA of $90.23 on a volume of 307K 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 Northern Trust have traded between a low of $54.38 and a high of $92.29 and are now at $88.03, which is 62% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.3%.

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

Keywords: moving crosses Northern Trust

Ticker(s): NTRS