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Navient Corp Crosses Above its 10-day MA (NAVI)

By Shiri Gupta

Today, shares of Navient Corp (NASDAQ:NAVI) have crossed bullishly above their 10-day moving average of $11.76 on a volume of 187K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Navient Corp has traded in a range of $8.23 to $15.67 and is now at $11.88, 44% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has declined 1.7%.

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

Keywords: moving crosses navient corp

Ticker(s): NAVI