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Bearish Moving Average Cross by VCA Antech (WOOF)

By David Diaz

Today, shares of VCA Antech (NASDAQ:WOOF) have crossed bearishly below their 10-day moving average of $91.59 on a volume of 1.3 million 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, VCA Antech has traded in a range of $44.00 to $91.96 and is now at $91.34, 108% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.8%.

SmarTrend recommended that subscribers consider buying shares of VCA Antech on December 13th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $65.11. Since that recommendation, shares of VCA Antech have risen 40.8%. We continue to monitor WOOF for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses vca antech

Ticker(s): WOOF