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Computer Sciences Crosses Below its 10-day MA (CSC)

By James Quinn

Today, shares of Computer Sciences (NYSE:CSC) have crossed bearishly below their 10-day moving average of $55.14 on a volume of 247K 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, shares of Computer Sciences have traded between a low of $24.27 and a high of $56.94 and are now at $54.71, which is 125% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has slid 0.3%.

SmarTrend recommended that subscribers consider buying shares of Computer Sciences on March 30th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.88. Since that recommendation, shares of Computer Sciences have risen 63.5%. We continue to monitor CSC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses computer sciences

Ticker(s): CSC