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Bearish Moving Average Cross by Expedia Inc (EXPE)

By Shiri Gupta

Expedia Inc (NASDAQ:EXPE) crossed under its 10-day moving average of $109.16 on a volume of 1.4 million 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, Expedia Inc has traded in a range of $96.58 to $161.00 and is now at $109.01, 13% above that low. 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 Inc and will alert subscribers who have EXPE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses expedia inc

Ticker(s): EXPE