Bearish Moving Average Cross by Guess? (GES)
Today, shares of Guess? (NYSE:GES) have crossed bearishly below their 10-day moving average of $18.18 on a volume of 181K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Guess? share prices have moved between a 52-week high of $23.45 and a 52-week low of $16.43 and are now trading 9% above that low price at $17.99 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.2%.
SmarTrend is tracking the current trend status for Guess? and will alert subscribers who have GES in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses guess?