Bearish Moving Average Cross by CROCS (CROX)
Today, shares of CROCS (NASDAQ:CROX) have fallen below their 10-day MA of $9.68 on a volume of 927K 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.
CROCS share prices have moved between a 52-week high of $16.05 and a 52-week low of $8.09 and are now trading 8% above that low price at $8.76 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.5%.
SmarTrend is tracking the current trend status for CROCS and will alert subscribers who have CROX in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses crocs