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Nutanix Inc - A Bearish Moving Average Crossover Alert (NTNX)

By Nick Russo

Nutanix Inc - A (NASDAQ:NTNX) shares have crossed bearishly below their 10-day moving average of $53.77 on a volume of 1.1 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Nutanix Inc - A has traded in a range of $20.02 to $64.87 and is now at $52.94, 164% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has risen 1.2%.

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

Keywords: moving crosses nutanix inc - a

Ticker(s): NTNX