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Lincoln National Bearish Moving Average Crossover Alert (LNC)

By Amy Schwartz

Lincoln National (NYSE:LNC) crossed under its 10-day moving average of $65.24 on a volume of 210K 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.

Lincoln National share prices have moved between a 52-week high of $73.31 and a 52-week low of $30.39 and are now trading 112% above that low price at $64.51 per share. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 1.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Lincoln National on March 14th, 2017 by issuing a Downtrend alert when the shares were trading at $68.41. Since that call, shares of Lincoln National have fallen 4.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses lincoln national

Ticker(s): LNC