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Mb Financial Bearish Moving Average Crossover Alert (MBFI)

By Amy Schwartz

Mb Financial (NASDAQ:MBFI) shares have crossed bearishly below their 10-day moving average of $47.77 on a volume of 190K 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, Mb Financial share prices have been bracketed by a low of $32.72 and a high of $51.59 and are now at $46.88, 43% above that low price. The 200-day and 50-day moving averages have moved 0.11% higher and 0.69% higher over the past week, respectively.

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

Keywords: moving crosses mb financial

Ticker(s): MBFI