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Bearish Moving Average Cross by Stericycle (SRCL)

By Shiri Gupta

Stericycle (NASDAQ:SRCL) shares have crossed bearishly below their 10-day moving average of $121.29 on a volume of 3.4 million 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, Stericycle share prices have been bracketed by a current low of $91.05 and a high of $151.57 and are now at $98.38. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 0.2%.

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

Keywords: moving crosses stericycle

Ticker(s): SRCL