Copa Holdings Crosses Below its 10-day MA (CPA)
Today, shares of Copa Holdings (NYSE:CPA) have fallen below their 10-day MA of $53.75 on a volume of 104K 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 Copa Holdings have traded between a low of $39.03 and a high of $110.99 and are now at $52.27, which is 34% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.5%.
SmarTrend is tracking the current trend status for Copa Holdings and will alert subscribers who have CPA in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses copa holdings