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Corecivic Inc Bearish Moving Average Crossover Alert (CXW)

By Amy Schwartz

Corecivic Inc (NYSE:CXW) crossed under its 10-day moving average of $17.63 on a volume of 168K 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, Corecivic Inc share prices have been bracketed by a low of $15.56 and a high of $25.82 and are now at $17.32, 11% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1.4%.

SmarTrend is tracking the current trend status for Corecivic Inc and will alert subscribers who have CXW in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses corecivic inc

Ticker(s): CXW