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Catchmark Timb-A Bearish Moving Average Crossover Alert (CTT)

By Shiri Gupta

Catchmark Timb-A (NYSE:CTT) crossed under its 10-day moving average of $13.39 on a volume of 1.7 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 Catchmark Timb-A have traded between a low of $10.05 and a high of $13.73 and are now at $12.62, which is 26% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.2%.

SmarTrend is monitoring the recent change of momentum in Catchmark Timb-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Catchmark Timb-A in search of a potential trend change.

Keywords: moving crosses catchmark timb-a

Ticker(s): CTT