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Navigators Group Bearish Moving Average Crossover Alert (NAVG)

By Shiri Gupta

Navigators Group (NASDAQ:NAVG) crossed under its 10-day moving average of $69.68 on a volume of 166K 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 Navigators Group have traded between a low of $45.80 and a high of $71.45 and are now at $69.18, which is 51% above that low price. The 200-day and 50-day moving averages have moved 0.65% higher and 1.50% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Navigators Group on August 14th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $64.08. Since that recommendation, shares of Navigators Group have risen 9.3%. We continue to monitor NAVG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses navigators group

Ticker(s): NAVG