Coach Crosses Above its 10-day MA (COH)
Coach (NYSE:COH) shares have crossed bullishly above their 10-day moving average of $35.84 on a volume of 457K 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.
In the past 52 weeks, shares of Coach have traded between a low of $27.22 and a high of $43.71 and are now at $36.09, which is 33% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.8%.
SmarTrend recommended that its subscribers protect gains by selling shares of Coach on August 12th, 2016 by issuing a Downtrend alert when the shares were trading at $39.56. Since that call, shares of Coach have fallen 10.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses coach