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Principal Finl Bearish Moving Average Crossover Alert (PFG)

By Amy Schwartz

Today, shares of Principal Finl (NASDAQ:PFG) have fallen below their 10-day MA of $54.31 on a volume of 152K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Principal Finl has traded in a range of $52.31 to $75.58 and is now at $54.17, 4% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.3%.

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

Keywords: moving crosses principal finl

Ticker(s): PFG