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Raytheon Bearish Moving Average Crossover Alert (RTN)

By David Diaz

Today, shares of Raytheon (NYSE:RTN) have fallen below their 10-day MA of $154.70 on a volume of 168K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Raytheon has traded in a range of $95.32 to $158.87 and is now at $154.46, 62% above that low. The 200-day and 50-day moving averages have moved 0.47% higher and 0.18% higher over the past week, respectively.

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

Keywords: moving crosses Raytheon

Ticker(s): RTN