• Return to Headlines

Alliance Data Systems Crosses Below its 10-day MA (ADS)

By Shiri Gupta

Alliance Data Systems (NYSE:ADS) shares have crossed bearishly below their 10-day moving average of $239.92 on a volume of 164K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Alliance Data Systems share prices have moved between a 52-week high of $307.78 and a 52-week low of $176.63 and are now trading 34% above that low price at $237.29 per share. 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

Ticker(s): ADS