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Bearish Moving Average Cross by Match Group Inc (MTCH)

By James Quinn

Today, shares of Match Group Inc (NASDAQ:MTCH) have fallen below their 10-day MA of $80.29 on a volume of 564K 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, shares of Match Group Inc have traded between a low of $33.30 and a high of $95.32 and are now at $79.15, which is 138% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has risen 0.8%.

SmarTrend is monitoring the recent change of momentum in Match Group Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Match Group Inc in search of a potential trend change.

Keywords: moving crosses match group inc

Ticker(s): MTCH