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Bullish Moving Average Cross by Northrop Grumman (NOC)

By Shiri Gupta

Today, shares of Northrop Grumman (NYSE:NOC) have crossed bullishly above their 10-day moving average of $324.62 on a volume of 128K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Northrop Grumman share prices have moved between a 52-week high of $360.88 and a 52-week low of $248.58 and are now trading 31% above that low price at $325.26 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.3%.

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

Keywords: moving crosses Northrop Grumman

Ticker(s): NOC