Bearish Moving Average Cross by Northern Trust (NTRS)
Northern Trust (NASDAQ:NTRS) crossed under its 10-day moving average of $71.69 on a volume of 266K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, Northern Trust has traded in a range of $54.38 to $79.25 and is now at $69.60, 28% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.1%.
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