Bearish Moving Average Cross by Brookdale Senior Living (BKD)
Brookdale Senior Living (NYSE:BKD) shares have crossed bearishly below their 10-day moving average of $36.70 on a volume of 423K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, Brookdale Senior Living share prices have been bracketed by a low of $29.50 and a high of $37.37 and are now at $36.57, 24% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.2%.
SmarTrend is tracking the current trend status for Brookdale Senior Living and will alert subscribers who have BKD in their portfolio or watchlist when shares have changed trend direction.
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