• Return to Headlines

Fidelity Nationa Crosses Below its 10-day MA (FIS)

By Amy Schwartz

Today, shares of Fidelity Nationa (NYSE:FIS) have crossed bearishly below their 10-day moving average of $107.06 on a volume of 687K 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.

Over the past year, Fidelity Nationa has traded in a range of $93.71 to $112.17 and is now at $106.00, 13% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

SmarTrend recommended that subscribers consider buying shares of Fidelity Nationa on January 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $102.51. Since that recommendation, shares of Fidelity Nationa have risen 5.5%. We continue to monitor FIS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses fidelity nationa

Ticker(s): FIS