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

By David Diaz

Vornado Realty Trust (NYSE:VNO) shares have crossed bearishly below their 10-day moving average of $95.76 on a volume of 114K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Vornado Realty Trust share prices have been bracketed by a low of $78.91 and a high of $108.69 and are now at $95.24, 21% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has remained constant.

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

Keywords: moving crosses vornado realty trust

Ticker(s): VNO