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Bearish Moving Average Cross by Children'S Place (PLCE)

By James Quinn

Today, shares of Children'S Place (:PLCE) have crossed bearishly below their 10-day moving average of $90.35 on a volume of 123K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Children'S Place have traded between a low of $82.05 and a high of $160.23 and are now at $90.25, which is 10% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Children'S Place and will alert subscribers who have PLCE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses :plce children's place

Ticker(s): PLCE