Lincoln National Bearish Moving Average Crossover Alert (LNC)
Today, shares of Lincoln National (NYSE:LNC) have fallen below their 10-day MA of $48.33 on a volume of 534K 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 $62.08 and a 52-week low of $30.39 and are now trading 56% above that low price at $47.49 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 subscribers consider buying shares of Lincoln National on July 12th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $41.02. Since that recommendation, shares of Lincoln National have risen 19.2%. We continue to monitor LNC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses lincoln national