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Sun Life Financial Bearish Moving Average Crossover Alert (SLF)

By Nick Russo

Today, shares of Sun Life Financial (NYSE:SLF) have crossed bearishly below their 10-day moving average of $32.23 on a volume of 101K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Sun Life Financial has traded in a range of $25.31 to $35.46 and is now at $32.10, 27% above that low. The 200-day and 50-day moving averages have moved 0.02% higher and 1.03% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Sun Life Financial. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Sun Life Financial in search of a potential trend change.

Keywords: moving crosses sun life financial

Ticker(s): SLF