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Northrop Grumman Crosses Below its 10-day MA (NOC)

By James Quinn

Northrop Grumman (NYSE:NOC) crossed under its 10-day moving average of $211.27 on a volume of 268K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Northrop Grumman has traded in a range of $152.31 to $224.12 and is now at $211.07, 39% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.5%.

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

Keywords: moving crosses Northrop Grumman

Ticker(s): NOC