Brookdale Senior Living Crosses Below its 10-day MA (BKD)
Brookdale Senior Living (NYSE:BKD) crossed under its 10-day moving average of $24.95 on a volume of 510K 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, Brookdale Senior Living share prices have been bracketed by a low of $14.19 and a high of $25.83 and are now at $24.80, 75% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.5%.
SmarTrend is monitoring the recent change of momentum in Brookdale Senior Living. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Brookdale Senior Living in search of a potential trend change.
Keywords: moving crosses brookdale senior living