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Northrop Grumman Bullish Moving Average Crossover Alert (NOC)

By Nick Russo

Today, shares of Northrop Grumman (NYSE:NOC) have advanced above their 10-day MA of $320.29 on a volume of 215K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Northrop Grumman share prices have moved between a 52-week high of $360.88 and a 52-week low of $206.69 and are now trading 56% above that low price at $321.83 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Northrop Grumman on April 25th, 2018 by issuing a Downtrend alert when the shares were trading at $329.34. Since that call, shares of Northrop Grumman have fallen 3.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Northrop Grumman

Ticker(s): NOC