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Bearish Moving Average Cross by Papa John'S Intl (PZZA)

By James Quinn

Papa John'S Intl (:PZZA) shares have crossed bearishly below their 10-day moving average of $44.62 on a volume of 141K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Papa John'S Intl share prices have been bracketed by a low of $38.29 and a high of $60.56 and are now at $44.12, 15% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.4%.

SmarTrend is tracking the current trend status for Papa John'S Intl and will alert subscribers who have PZZA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses :pzza papa john's intl

Ticker(s): PZZA