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Bearish Moving Average Cross by Wintrust Finl (WTFC)

By David Diaz

Wintrust Finl (NASDAQ:WTFC) crossed under its 10-day moving average of $86.22 on a volume of 157K 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, Wintrust Finl share prices have been bracketed by a low of $46.62 and a high of $99.96 and are now at $85.66, 84% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses wintrust finl

Ticker(s): WTFC