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Northern Trust Bearish Moving Average Crossover Alert (NTRS)

By James Quinn

Today, shares of Northern Trust (NASDAQ:NTRS) have crossed bearishly below their 10-day moving average of $98.22 on a volume of 146K 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 Northern Trust have traded between a low of $75.96 and a high of $115.61 and are now at $97.73, which is 29% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

SmarTrend recommended that subscribers consider buying shares of Northern Trust on April 4th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $94.78. Since that recommendation, shares of Northern Trust have risen 4.2%. We continue to monitor NTRS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Northern Trust

Ticker(s): NTRS