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Nuance Communications Bearish Moving Average Crossover Alert (NUAN)

By Nick Russo

Today, shares of Nuance Communications (NASDAQ:NUAN) have fallen below their 10-day MA of $16.86 on a volume of 2.3 million 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, Nuance Communications share prices have been bracketed by a low of $14.37 and a high of $21.83 and are now at $16.25, 13% 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 declined 0.9%.

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

Keywords: moving crosses Nuance Communications

Ticker(s): NUAN