• Return to Headlines

Bearish Moving Average Cross by Care.Com Inc (CRCM)

By Amy Schwartz

Care.Com Inc (NYSE:CRCM) crossed under its 10-day moving average of $13.85 on a volume of 522K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Care.Com Inchas traded in a range of $11.27 to $25.81 and are now at $11.27. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 0.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Care.Com Inc on March 7th, 2019 by issuing a Downtrend alert when the shares were trading at $22.70. Since that call, shares of Care.Com Inc have fallen 37.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses care.com inc

Ticker(s): CRCM