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Marsh & Mclennan Crosses Below its 10-day MA (MMC)

By Shiri Gupta

Today, shares of Marsh & Mclennan (NYSE:MMC) have crossed bearishly below their 10-day moving average of $81.49 on a volume of 200K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Marsh & Mclennan share prices have been bracketed by a low of $62.33 and a high of $86.54 and are now at $81.05, 30% above that low price. The 200-day and 50-day moving averages have moved 0.18% higher and 0.82% higher over the past week, respectively.

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

Keywords: moving crosses marsh & mclennan

Ticker(s): MMC