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Thomson Reuters Bearish Moving Average Crossover Alert (TRI)

By James Quinn

Today, shares of Thomson Reuters (NYSE:TRI) have crossed bearishly below their 10-day moving average of $41.66 on a volume of 116K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Thomson Reuters share prices have moved between a 52-week high of $43.68 and a 52-week low of $33.96 and are now trading 22% above that low price at $41.47 per share. The 200-day and 50-day moving averages have moved 0.12% higher and 0.88% higher over the past week, respectively.

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

Keywords: moving crosses Thomson Reuters

Ticker(s): TRI