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First Horizon Na Crosses Below its 10-day MA (FHN)

By Shiri Gupta

Today, shares of First Horizon Na (NYSE:FHN) have crossed bearishly below their 10-day moving average of $15.99 on a volume of 159K 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, First Horizon Na share prices have been bracketed by a low of $12.30 and a high of $16.85 and are now at $15.87, 29% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.2%.

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

Keywords: moving crosses first horizon na

Ticker(s): FHN