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Emerson Electric Bearish Moving Average Crossover Alert (EMR)

By David Diaz

Today, shares of Emerson Electric (NYSE:EMR) have fallen below their 10-day MA of $58.40 on a volume of 534K 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.

Emerson Electric share prices have moved between a 52-week high of $64.36 and a 52-week low of $41.25 and are now trading 41% above that low price at $57.96 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has remained constant.

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

Keywords: moving crosses Emerson Electric

Ticker(s): EMR