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Bearish Moving Average Cross by Acadia Healthcare (ACHC)

By Amy Schwartz

Today, shares of Acadia Healthcare (NASDAQ:ACHC) have fallen below their 10-day MA of $43.65 on a volume of 265K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Acadia Healthcare share prices have moved between a 52-week high of $74.77 and a 52-week low of $32.54 and are now trading 32% above that low price at $43.04 per share. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.1%.

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

Keywords: moving crosses acadia healthcare

Ticker(s): ACHC