• Return to Headlines

Bearish Moving Average Cross by Macerich Co (MAC)

By Amy Schwartz

Today, shares of Macerich Co (NYSE:MAC) have crossed bearishly below their 10-day moving average of $41.08 on a volume of 142K 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.

Over the past year, Macerich Co has traded in a range of $39.71 to $60.95 and is now at $40.97, 3% above that low. The 200-day and 50-day moving averages have moved 0.47% lower and 0.27% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Macerich Co and will alert subscribers who have MAC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses macerich co

Ticker(s): MAC