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Casey's General Stores Bearish Moving Average Crossover Alert (CASY)

By Shiri Gupta

Today, shares of Casey's General Stores (NASDAQ:CASY) have fallen below their 10-day MA of $114.56 on a volume of 768K 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, Casey's General Stores share prices have been bracketed by a low of $81.10 and a high of $136.22 and are now at $108.39, 34% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%.

SmarTrend is tracking the current trend status for Casey's General Stores and will alert subscribers who have CASY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses casey's general stores

Ticker(s): CASY