Bearish Moving Average Cross by Brookdale Senior Living (BKD)
Brookdale Senior Living (NYSE:BKD) crossed under its 10-day moving average of $22.78 on a volume of 1.8 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Brookdale Senior Living share prices have moved between a 52-week high of $39.89 and a 52-week low of $20.27 and are now trading 11% above that low price at $22.57 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has slid 0.7%.
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.
Keywords: moving crosses brookdale senior living