Brookdale Senior Living Crosses Below its 10-day MA (BKD)
Today, shares of Brookdale Senior Living (NYSE:BKD) have crossed bearishly below their 10-day moving average of $26.56 on a volume of 398K 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.
Over the past year, Brookdale Senior Living has traded in a range of $15.62 to $30.31 and is now at $26.34, 69% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.2%.
SmarTrend is tracking the current trend status for Brookdale Senior Living and will alert subscribers who have BKD in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses brookdale senior living