Bearish Moving Average Cross by Northern Trust (NTRS)
Today, shares of Northern Trust (NASDAQ:NTRS) have fallen below their 10-day MA of $65.89 on a volume of 719K 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, Northern Trust share prices have been bracketed by a low of $54.38 and a high of $79.25 and are now at $65.29, 20% 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 monitoring the recent change of momentum in Northern Trust. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Northern Trust in search of a potential trend change.
Keywords: moving crosses Northern Trust