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Coty Inc-Cl A Bearish Moving Average Crossover Alert (COTY)

By James Quinn

Today, shares of Coty Inc-Cl A (NYSE:COTY) have fallen below their 10-day MA of $19.30 on a volume of 10.2 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Coty Inc-Cl A share prices have been bracketed by a low of $16.95 and a high of $30.13 and are now at $17.37, 2% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.5%.

SmarTrend is tracking the current trend status for Coty Inc-Cl A and will alert subscribers who have COTY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses coty inc-cl a

Ticker(s): COTY