• Return to Headlines

FNB Bearish Moving Average Crossover Alert (FNB)

By Nick Russo

FNB (NYSE:FNB) shares have crossed bearishly below their 10-day moving average of $12.38 on a volume of 384K 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.

In the past 52 weeks, FNB share prices have been bracketed by a low of $11.16 and a high of $14.80 and are now at $12.21, 9% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.4%.

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

Keywords: moving crosses

Ticker(s): FNB