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Werner Enterprises Bearish Moving Average Crossover Alert (WERN)

By David Diaz

Werner Enterprises (NASDAQ:WERN) crossed under its 10-day moving average of $24.27 on a volume of 3.1 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Werner Enterprises share prices have been bracketed by a low of $20.91 and a high of $33.42 and are now at $22.64, 8% above that low price. 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 is tracking the current trend status for Werner Enterprises and will alert subscribers who have WERN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses werner enterprises

Ticker(s): WERN