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Brinker Intl Crosses Below its 10-day MA (EAT)

By Amy Schwartz

Brinker Intl (NYSE:EAT) crossed under its 10-day moving average of $48.67 on a volume of 123K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Brinker Intl share prices have been bracketed by a low of $29.50 and a high of $54.14 and are now at $48.43, 64% above that low price. The 200-day and 50-day moving averages have moved 1.08% higher and 1.03% higher over the past week, respectively.

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