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CBL & Associates Properties Crosses Below its 10-day MA (CBL)

By Shiri Gupta

CBL & Associates Properties (NYSE:CBL) shares have crossed bearishly below their 10-day moving average of $11.98 on a volume of 527K 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, CBL & Associates Properties share prices have been bracketed by a low of $9.37 and a high of $18.45 and are now at $11.84, 26% above that low price. The 200-day and 50-day moving averages have moved 0.67% lower and 0.94% higher over the past week, respectively.

SmarTrend is tracking the current trend status for CBL & Associates Properties and will alert subscribers who have CBL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses cbl & associates properties

Ticker(s): CBL