• Return to Headlines

Bearish Moving Average Cross by Expedia Inc (EXPE)

By Shiri Gupta

Today, shares of Expedia Inc (NASDAQ:EXPE) have fallen below their 10-day MA of $128.84 on a volume of 135K 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, Expedia Inc share prices have been bracketed by a low of $96.58 and a high of $161.00 and are now at $128.62, 33% above that low price. The 200-day and 50-day moving averages have moved 0.04% higher and 0.30% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Expedia Inc on April 27th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $115.88. Since that recommendation, shares of Expedia Inc have risen 11.4%. We continue to monitor EXPE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses expedia inc

Ticker(s): EXPE