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Bofi Holding Inc Crosses Below its 10-day MA (BOFI)

By Shiri Gupta

Bofi Holding Inc (NASDAQ:BOFI) shares have crossed bearishly below their 10-day moving average of $41.44 on a volume of 267K 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 Bofi Holding Inc have traded between a low of $21.60 and a high of $43.50 and are now at $40.85, which is 89% above that low price. The 200-day and 50-day moving averages have moved 0.66% higher and 0.22% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Bofi Holding Inc and will alert subscribers who have BOFI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses bofi holding inc

Ticker(s): BOFI