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Iberiabank Corp Crosses Below its 10-day MA (IBKC)

By Shiri Gupta

Iberiabank Corp (NASDAQ:IBKC) crossed under its 10-day moving average of $77.89 on a volume of 215K 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, shares of Iberiabank Corp have traded between a low of $55.15 and a high of $91.10 and are now at $76.30, which is 38% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has slid 0.4%.

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

Keywords: moving crosses iberiabank corp

Ticker(s): IBKC