Alliance Data Systems Crosses Below its 10-day MA (ADS)
Alliance Data Systems (NYSE:ADS) crossed under its 10-day moving average of $214.93 on a volume of 149K 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, shares of Alliance Data Systems have traded between a low of $176.63 and a high of $307.78 and are now at $212.34, which is 20% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 0.3%.
SmarTrend is tracking the current trend status for Alliance Data Systems and will alert subscribers who have ADS in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses alliance data systems