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Bearish Moving Average Cross by Store Capital (STOR)

By Nick Russo

Store Capital (NYSE:STOR) crossed under its 10-day moving average of $33.23 on a volume of 239K 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, Store Capital has traded in a range of $25.37 to $34.10 and is now at $32.95, 30% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.2%.

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

Keywords: moving crosses store capital

Ticker(s): STOR