• Return to Headlines

Bearish Moving Average Cross by Liveperson Inc (LPSN)

By David Diaz

Liveperson Inc (NASDAQ:LPSN) crossed under its 10-day moving average of $23.18 on a volume of 107K 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.

In the past 52 weeks, Liveperson Inc share prices have been bracketed by a low of $10.70 and a high of $24.07 and are now at $22.90, 114% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.4% while the 50-day MA has advanced 3.6%.

SmarTrend recommended that subscribers consider buying shares of Liveperson Inc on February 16th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $12.55. Since that recommendation, shares of Liveperson Inc have risen 85.7%. We continue to monitor LPSN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses liveperson inc

Ticker(s): LPSN