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Travelers Cos In Bearish Moving Average Crossover Alert (TRV)

By Nick Russo

Today, shares of Travelers Cos In (NYSE:TRV) have crossed bearishly below their 10-day moving average of $152.41 on a volume of 132K 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, Travelers Cos In has traded in a range of $111.08 to $154.73 and is now at $152.12, 37% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.5%.

SmarTrend recommended that subscribers consider buying shares of Travelers Cos In on January 14th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $120.38. Since that recommendation, shares of Travelers Cos In have risen 27.4%. We continue to monitor TRV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses travelers cos in

Ticker(s): TRV