• Return to Headlines

Chico'S Fas Inc Crosses Above its 10-day MA (CHS)

By David Diaz

Chico'S Fas Inc (NYSE:CHS) crossed over its 10-day moving average of $7.79 on a volume of 590K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Chico'S Fas Inc share prices have been bracketed by a low of $6.96 and a high of $16.85 and are now at $8.02, 15% above that low price. The 200-day and 50-day moving averages have moved 0.51% lower and 1.12% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Chico'S Fas Inc on April 5th, 2017 by issuing a Downtrend alert when the shares were trading at $13.05. Since that call, shares of Chico'S Fas Inc have fallen 41.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses chico's fas inc

Ticker(s): CHS