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Werner Ent Bearish Moving Average Crossover Alert (WERN)

By Shiri Gupta

Werner Ent (NASDAQ:WERN) crossed under its 10-day moving average of $36.62 on a volume of 982K 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, Werner Ent has traded in a range of $21.35 to $43.95 and is now at $36.40, 70% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Werner Ent on February 5th, 2018 by issuing a Downtrend alert when the shares were trading at $38.85. Since that call, shares of Werner Ent have fallen 3.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses werner ent

Ticker(s): WERN