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Amazon.Com Inc Bearish Moving Average Crossover Alert (AMZN)

By James Quinn

Amazon.Com Inc (NASDAQ:AMZN) shares have crossed bearishly below their 10-day moving average of $1850.10 on a volume of 812K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Amazon.Com Inc has traded in a range of $1307.00 to $2050.50 and is now at $1846.41, 41% above that low. The 200-day and 50-day moving averages have moved 0.19% higher and 1.03% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Amazon.Com Inc and will alert subscribers who have AMZN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amazon.com inc

Ticker(s): AMZN