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Glacier Bancorp Bearish Moving Average Crossover Alert (GBCI)

By Nick Russo

Glacier Bancorp (NASDAQ:GBCI) crossed under its 10-day moving average of $37.95 on a volume of 210K 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, Glacier Bancorp has traded in a range of $24.58 to $41.24 and is now at $37.42, 52% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.6%.

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

Keywords: moving crosses glacier bancorp

Ticker(s): GBCI