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Manpowergroup In Crosses Below its 10-day MA (MAN)

By James Quinn

Today, shares of Manpowergroup In (NYSE:MAN) have crossed bearishly below their 10-day moving average of $87.96 on a volume of 561K 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 Manpowergroup In have traded between a low of $81.85 and a high of $136.93 and are now at $85.58, which is 5% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has remained constant.

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

Keywords: moving crosses manpowergroup in

Ticker(s): MAN