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Lazard Bearish Moving Average Crossover Alert (LAZ)

By Shiri Gupta

Today, shares of Lazard (NYSE:LAZ) have fallen below their 10-day MA of $33.70 on a volume of 146K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Lazard have traded between a low of $29.26 and a high of $59.82 and are now at $33.50, which is 14% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has advanced 0.5%.

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

Keywords: moving crosses lazard

Ticker(s): LAZ