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Bearish Moving Average Cross by Blucora Inc (BCOR)

By James Quinn

Blucora Inc (NASDAQ:BCOR) shares have crossed bearishly below their 10-day moving average of $35.90 on a volume of 108K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Blucora Inc share prices have moved between a 52-week high of $40.60 and a 52-week low of $19.05 and are now trading 87% above that low price at $35.65 per share. Over the last five market days, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has declined 0.7%.

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

Keywords: moving crosses blucora inc

Ticker(s): BCOR