• Return to Headlines

Credit Suisse Group Crosses Below its 10-day MA (CS)

By David Diaz

Credit Suisse Group (NYSE:CS) crossed under its 10-day moving average of $15.37 on a volume of 1.9 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Credit Suisse Group has traded in a range of $10.01 to $29.99 and is now at $14.69, 47% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has advanced 0.8%.

SmarTrend is monitoring the recent change of momentum in Credit Suisse Group. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Credit Suisse Group in search of a potential trend change.

Keywords: moving crosses credit suisse group

Ticker(s): CS