• Return to Headlines

Cara Therapeutic Crosses Below its 10-day MA (CARA)

By Amy Schwartz

Today, shares of Cara Therapeutic (NASDAQ:CARA) have crossed bearishly below their 10-day moving average of $20.86 on a volume of 1.2 million 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, shares of Cara Therapeutic have traded between a low of $11.11 and a high of $22.29 and are now at $19.60, which is 76% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 3.4%.

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

Keywords: moving crosses cara therapeutic

Ticker(s): CARA