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Cerner Corp Bearish Moving Average Crossover Alert (CERN)

By James Quinn

Today, shares of Cerner Corp (NASDAQ:CERN) have fallen below their 10-day MA of $67.53 on a volume of 130K 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, Cerner Corp share prices have been bracketed by a low of $48.78 and a high of $76.47 and are now at $67.43, 38% above that low price. The 200-day and 50-day moving averages have moved 0.43% higher and 0.86% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Cerner Corp on August 5th, 2019 by issuing a Downtrend alert when the shares were trading at $70.19. Since that call, shares of Cerner Corp have fallen 3.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Cerner Corp

Ticker(s): CERN