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Bullish Moving Average Cross by National Retail (NNN)

By James Quinn

Today, shares of National Retail (NYSE:NNN) have crossed bullishly above their 10-day moving average of $30.99 on a volume of 209K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, National Retail has traded in a range of $24.04 to $59.26 and is now at $31.79, 32% above that low. The 200-day and 50-day moving averages have moved 1.19% lower and 5.3% lower over the past week, respectively.

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

Keywords: moving crosses national retail

Ticker(s): NNN