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Bearish Moving Average Cross by Us Silica Holdin (SLCA)

By Amy Schwartz

Today, shares of Us Silica Holdin (NYSE:SLCA) have fallen below their 10-day MA of $20.25 on a volume of 936K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Us Silica Holdin share prices have moved between a 52-week high of $38.70 and a 52-week low of $19.02 and are now trading 4% above that low price at $19.82 per share. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 1.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Us Silica Holdin on June 5th, 2018 by issuing a Downtrend alert when the shares were trading at $30.11. Since that call, shares of Us Silica Holdin have fallen 31.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses us silica holdin

Ticker(s): SLCA