• Return to Headlines

Bearish Moving Average Cross by Box Inc- Class A (BOX)

By Nick Russo

Today, shares of Box Inc- Class A (NYSE:BOX) have crossed bearishly below their 10-day moving average of $17.62 on a volume of 210K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Box Inc- Class A has traded in a range of $12.46 to $25.40 and is now at $17.50, 40% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses box inc- class a

Ticker(s): BOX