CARBO Ceramics Crosses Below its 10-day MA (CRR)
CARBO Ceramics (NYSE:CRR) crossed under its 10-day moving average of $14.29 on a volume of 116K 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 CARBO Ceramics have traded between a low of $10.60 and a high of $47.04 and are now at $14.00, which is 32% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 2.1% while the 50-day MA has declined 2.1%.
SmarTrend is tracking the current trend status for CARBO Ceramics and will alert subscribers who have CRR in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses carbo ceramics