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

By Nick Russo

Today, shares of Children's Place (NASDAQ:PLCE) have crossed bearishly below their 10-day moving average of $81.57 on a volume of 208K 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 $90.00 and are now at $79.80, 71% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.9%.

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