Bearish Moving Average Cross by Expedia (EXPE)
Expedia (NASDAQ:EXPE) crossed under its 10-day moving average of $109.21 on a volume of 165K 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 Expedia have traded between a low of $88.40 and a high of $140.51 and are now at $109.01, which is 23% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.
SmarTrend is tracking the current trend status for Expedia and will alert subscribers who have EXPE in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Expedia