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Children's Place Crosses Above its 10-day MA (PLCE)

By David Diaz

Children's Place (NASDAQ:PLCE) crossed over its 10-day moving average of $71.66 on a volume of 116K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Children's Place has traded in a range of $46.74 to $84.91 and is now at $72.69, 56% above that low. 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