Bearish Moving Average Cross by Zebra Technologies (ZBRA)
Today, shares of Zebra Technologies (NASDAQ:ZBRA) have fallen below their 10-day MA of $62.20 on a volume of 1.3 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, Zebra Technologies share prices have been bracketed by a low of $42.51 and a high of $119.47 and are now at $54.06, 27% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has slid 1.4%.
SmarTrend is monitoring the recent change of momentum in Zebra Technologies. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Zebra Technologies in search of a potential trend change.
Keywords: moving crosses zebra technologies