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Bearish Moving Average Cross by Sabra Health Car (SBRA)

By James Quinn

Today, shares of Sabra Health Car (NASDAQ:SBRA) have fallen below their 10-day MA of $19.77 on a volume of 141K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Sabra Health Car has traded in a range of $15.70 to $23.83 and is now at $19.60, 25% above that low. The 200-day and 50-day moving averages have moved 0.13% lower and 0.97% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Sabra Health Car and will alert subscribers who have SBRA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses sabra health car

Ticker(s): SBRA