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Principal Financial Group Bearish Moving Average Crossover Alert (PFG)

By Nick Russo

Today, shares of Principal Financial Group (NYSE:PFG) have fallen below their 10-day MA of $62.84 on a volume of 213K 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, shares of Principal Financial Group have traded between a low of $33.09 and a high of $65.67 and are now at $62.54, which is 89% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 1.1%.

SmarTrend is tracking the current trend status for Principal Financial Group and will alert subscribers who have PFG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Principal Financial Group

Ticker(s): PFG