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Ctrip.com International Bearish Moving Average Crossover Alert (CTRP)

By Shiri Gupta

Ctrip.com International (NASDAQ:CTRP) crossed under its 10-day moving average of $44.40 on a volume of 802K 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.

In the past 52 weeks, shares of Ctrip.com International have traded between a low of $27.25 and a high of $57.36 and are now at $44.28, which is 62% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.4%.

SmarTrend is tracking the current trend status for Ctrip.com International and will alert subscribers who have CTRP in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ctrip.com international

Ticker(s): CTRP