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EQT Bearish Moving Average Crossover Alert (EQT)

By Nick Russo

Today, shares of EQT (NYSE:EQT) have crossed bearishly below their 10-day moving average of $72.08 on a volume of 1.1 million 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.

EQT share prices have moved between a 52-week high of $92.79 and a 52-week low of $47.10 and are now trading 47% above that low price at $69.36 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has slid 0.2%.

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

Keywords: moving crosses

Ticker(s): EQT