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Bearish Moving Average Cross by Travelers Cos In (TRV)

By David Diaz

Travelers Cos In (NYSE:TRV) shares have crossed bearishly below their 10-day moving average of $126.41 on a volume of 833K shares. Swing traders may find 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 Travelers Cos In have traded between a low of $113.76 and a high of $150.55 and are now at $124.94, which is 10% above that low price. The 200-day and 50-day moving averages have moved 0.07% higher and 0.02% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Travelers Cos In. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Travelers Cos In in search of a potential trend change.

Keywords: moving crosses travelers cos in

Ticker(s): TRV