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Vornado Realty Trust Crosses Below its 10-day MA (VNO)

By Amy Schwartz

Today, shares of Vornado Realty Trust (NYSE:VNO) have crossed bearishly below their 10-day moving average of $102.86 on a volume of 192K 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, Vornado Realty Trust has traded in a range of $78.91 to $108.69 and is now at $100.47, 27% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

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

Keywords: moving crosses vornado realty trust

Ticker(s): VNO