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Nisource Inc Crosses Below its 10-day MA (NI)

By Amy Schwartz

Today, shares of Nisource Inc (NYSE:NI) have fallen below their 10-day MA of $27.56 on a volume of 662K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Nisource Inc has traded in a range of $23.23 to $28.85 and is now at $27.45, 18% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

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

Keywords: moving crosses nisource inc

Ticker(s): NI