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