NCR Bearish Moving Average Crossover Alert (NCR)
NCR (NYSE:NCR) crossed under its 10-day moving average of $30.91 on a volume of 199K 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, shares of NCR have traded between a low of $18.02 and a high of $36.50 and are now at $30.70, which is 70% above that low price. The 200-day and 50-day moving averages have moved 0.16% lower and 1.55% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in NCR. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of NCR in search of a potential trend change.
Keywords: moving crosses