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Children's Place Bearish Moving Average Crossover Alert (PLCE)

By David Diaz

Today, shares of Children's Place (NASDAQ:PLCE) have fallen below their 10-day MA of $105.66 on a volume of 115K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Children's Place share prices have been bracketed by a low of $46.74 and a high of $125.30 and are now at $105.45, 126% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.3%.

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

Keywords: moving crosses children's place

Ticker(s): PLCE