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Cerner Crosses Below its 10-day MA (CERN)

By Shiri Gupta

Today, shares of Cerner (NASDAQ:CERN) have fallen below their 10-day MA of $62.22 on a volume of 113K shares. This may provide swing traders with 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 Cerner have traded between a low of $49.59 and a high of $75.00 and are now at $61.99, which is 25% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 0.5%.

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

Keywords: moving crosses cerner

Ticker(s): CERN