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Ingredion Inc Bearish Moving Average Crossover Alert (INGR)

By James Quinn

Ingredion Inc (NYSE:INGR) shares have crossed bearishly below their 10-day moving average of $110.03 on a volume of 1.2 million shares. Swing traders may find 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 Ingredion Inc have traded between the current low of $99.50 and a high of $146.28 and are now at $100.16. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.

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

Keywords: moving crosses ingredion inc

Ticker(s): INGR