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Bearish Moving Average Cross by Winnebago Inds (WGO)

By James Quinn

Winnebago Inds (NYSE:WGO) crossed under its 10-day moving average of $37.00 on a volume of 272K 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.

Winnebago Inds share prices have moved between a 52-week high of $58.65 and a 52-week low of $34.30 and are now trading 1% above that low price at $34.80 per share. The 200-day and 50-day moving averages have moved 0.62% lower and 0.87% lower over the past week, respectively.

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

Keywords: moving crosses winnebago inds

Ticker(s): WGO