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Coeur d'Alene Mines Crosses Below its 10-day MA (CDE)

By Amy Schwartz

Coeur d'Alene Mines (NYSE:CDE) shares have crossed bearishly below their 10-day moving average of $11.12 on a volume of 645K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Coeur d'Alene Mines share prices have moved between a 52-week high of $19.62 and a 52-week low of $9.71 and are now trading 13% above that low price at $10.95 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has slid 0.4%.

SmarTrend is tracking the current trend status for Coeur d'Alene Mines and will alert subscribers who have CDE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses coeur d'alene mines

Ticker(s): CDE