• Return to Headlines

Brinker Intl Bearish Moving Average Crossover Alert (EAT)

By James Quinn

Brinker Intl (NYSE:EAT) crossed under its 10-day moving average of $44.00 on a volume of 193K 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.

Brinker Intl share prices have moved between a 52-week high of $54.14 and a 52-week low of $34.07 and are now trading 29% above that low price at $43.82 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

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

Keywords: moving crosses brinker intl

Ticker(s): EAT