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Nordstrom Inc Crosses Above its 10-day MA (JWN)

By Amy Schwartz

Today, shares of Nordstrom Inc (NYSE:JWN) have advanced above their 10-day MA of $44.52 on a volume of 151K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Nordstrom Inc have traded between a low of $35.01 and a high of $62.82 and are now at $44.91, which is 28% above that low price. The 200-day and 50-day moving averages have moved 0.94% lower and 0.1% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Nordstrom Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Nordstrom Inc in search of a potential trend change.

Keywords: moving crosses nordstrom inc

Ticker(s): JWN