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Bearish Moving Average Cross by Tempur Sealy Int (TPX)

By Nick Russo

Tempur Sealy Int (NYSE:TPX) crossed under its 10-day moving average of $50.06 on a volume of 239K 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, Tempur Sealy Int share prices have been bracketed by a low of $41.10 and a high of $68.05 and are now at $49.76, 21% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has slid 0.3%.

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

Keywords: moving crosses tempur sealy int

Ticker(s): TPX