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Amdocs Bearish Moving Average Crossover Alert (DOX)

By James Quinn

Today, shares of Amdocs (NYSE:DOX) have crossed bearishly below their 10-day moving average of $59.34 on a volume of 264K 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 Amdocs have traded between a low of $50.05 and a high of $61.46 and are now at $58.95, which is 18% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.2%.

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

Keywords: moving crosses amdocs

Ticker(s): DOX