• Return to Headlines

Bearish Moving Average Cross by Viacom Inc-B (VIAB)

By Shiri Gupta

Today, shares of Viacom Inc-B (NASDAQ:VIAB) have fallen below their 10-day MA of $28.60 on a volume of 352K 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.

In the past 52 weeks, shares of Viacom Inc-B have traded between a low of $23.31 and a high of $34.44 and are now at $28.37, which is 22% above that low price. The 200-day and 50-day moving averages have moved 0% lower and 0.07% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Viacom Inc-B and will alert subscribers who have VIAB in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses viacom inc-b

Ticker(s): VIAB