• Return to Headlines

Pacwest Bancorp Bearish Moving Average Crossover Alert (PACW)

By David Diaz

Today, shares of Pacwest Bancorp (NASDAQ:PACW) have fallen below their 10-day MA of $39.47 on a volume of 262K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Pacwest Bancorp share prices have moved between a 52-week high of $55.86 and a 52-week low of $31.16 and are now trading 26% above that low price at $39.31 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.8%.

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

Keywords: moving crosses pacwest bancorp

Ticker(s): PACW