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Lamar Advertising Bearish Moving Average Crossover Alert (LAMR)

By Nick Russo

Today, shares of Lamar Advertising (NASDAQ:LAMR) have fallen below their 10-day MA of $76.26 on a volume of 107K 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 Lamar Advertising have traded between a low of $49.73 and a high of $79.09 and are now at $75.90, which is 53% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.1%.

SmarTrend is monitoring the recent change of momentum in Lamar Advertising. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Lamar Advertising in search of a potential trend change.

Keywords: moving crosses lamar advertising

Ticker(s): LAMR