• Return to Headlines

Bearish Moving Average Cross by Wyndham Worldwid (WYN)

By Shiri Gupta

Today, shares of Wyndham Worldwid (NYSE:WYN) have crossed bearishly below their 10-day moving average of $117.46 on a volume of 163K 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.

Wyndham Worldwid share prices have moved between a 52-week high of $127.96 and a 52-week low of $62.60 and are now trading 86% above that low price at $116.39 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.4%.

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

Keywords: moving crosses wyndham worldwid

Ticker(s): WYN