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Chico's FAS Bearish Moving Average Crossover Alert (CHS)

By Nick Russo

Chico's FAS (NYSE:CHS) crossed under its 10-day moving average of $13.81 on a volume of 958K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Chico's FAS share prices have moved between a 52-week high of $17.50 and a 52-week low of $9.61 and are now trading 42% above that low price at $13.64 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has slid 0.5%.

SmarTrend is tracking the current trend status for Chico's FAS and will alert subscribers who have CHS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses chico's fas

Ticker(s): CHS