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NorthStar Realty Finance Bullish Moving Average Crossover Alert (NRF)

By David Diaz

Today, shares of NorthStar Realty Finance (NYSE:NRF) have advanced above their 10-day MA of $11.21 on a volume of 926K 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.

Over the past year, NorthStar Realty Finance has traded in a range of $8.38 to $32.06 and is now at $11.34, 35% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.5% while the 50-day MA has advanced 1.4%.

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

Keywords: moving crosses northstar realty finance

Ticker(s): NRF