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Principal Finl Bullish Moving Average Crossover Alert (PFG)

By Nick Russo

Principal Finl (NASDAQ:PFG) crossed over its 10-day moving average of $55.30 on a volume of 248K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Principal Finl share prices have moved between a 52-week high of $75.58 and a 52-week low of $52.31 and are now trading 7% above that low price at $55.88 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.4%.

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