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Interactive Brokers Bearish Moving Average Crossover Alert (IBKR)

By David Diaz

Today, shares of Interactive Brokers (NASDAQ:IBKR) have fallen below their 10-day MA of $34.36 on a volume of 829K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Interactive Brokers has traded in a range of $20.35 to $45.95 and is now at $33.57, 65% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Interactive Brokers on February 28th, 2017 by issuing a Downtrend alert when the shares were trading at $36.95. Since that call, shares of Interactive Brokers have fallen 5.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses interactive brokers

Ticker(s): IBKR