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Equifax Crosses Below its 10-day MA (EFX)

By James Quinn

Today, shares of Equifax (NYSE:EFX) have fallen below their 10-day MA of $139.32 on a volume of 124K shares. Swing traders may find 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 Equifax have traded between a low of $90.94 and a high of $144.01 and are now at $138.47, which is 52% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.2%.

SmarTrend recommended that subscribers consider buying shares of Equifax on February 8th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $121.51. Since that recommendation, shares of Equifax have risen 14.9%. We continue to monitor EFX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses equifax

Ticker(s): EFX