• Return to Headlines

Bearish Moving Average Cross by Cal-Maine Foods (CALM)

By James Quinn

Cal-Maine Foods (NASDAQ:CALM) crossed under its 10-day moving average of $39.53 on a volume of 134K 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, shares of Cal-Maine Foods have traded between a low of $35.10 and a high of $63.25 and are now at $39.20, which is 12% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

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

Keywords: moving crosses cal-maine foods

Ticker(s): CALM