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