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

By David Diaz

Today, shares of Navient Corp (NASDAQ:NAVI) have fallen below their 10-day MA of $13.22 on a volume of 121K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Navient Corp have traded between a low of $11.48 and a high of $15.61 and are now at $13.11, which is 14% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.6%.

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