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Netscout Systems Bearish Moving Average Crossover Alert (NTCT)

By Amy Schwartz

Today, shares of Netscout Systems (NASDAQ:NTCT) have crossed bearishly below their 10-day moving average of $27.27 on a volume of 127K 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 Netscout Systems have traded between a low of $20.99 and a high of $38.48 and are now at $27.08, which is 29% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has advanced 0.7%.

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

Keywords: moving crosses netscout systems

Ticker(s): NTCT