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Corecivic Inc Crosses Above its 10-day MA (CXW)

By Shiri Gupta

Today, shares of Corecivic Inc (NYSE:CXW) have advanced above their 10-day MA of $21.39 on a volume of 269K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Corecivic Inc share prices have been bracketed by a low of $18.61 and a high of $31.86 and are now at $21.53, 16% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.6%.

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