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Newell Rubbermaid Bearish Moving Average Crossover Alert (NWL)

By Nick Russo

Today, shares of Newell Rubbermaid (NYSE:NWL) have crossed bearishly below their 10-day moving average of $47.60 on a volume of 902K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Newell Rubbermaid share prices have moved between a 52-week high of $55.45 and a 52-week low of $33.26 and are now trading 41% above that low price at $46.96 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.7%.

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

Keywords: moving crosses newell rubbermaid

Ticker(s): NWL