Ctrip.com International Crosses Below its 10-day MA (CTRP)
Today, shares of Ctrip.com International (NASDAQ:CTRP) have crossed bearishly below their 10-day moving average of $40.16 on a volume of 1.0 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Ctrip.com International share prices have moved between a 52-week high of $57.36 and a 52-week low of $27.25 and are now trading 47% above that low price at $39.96 per share. The 200-day and 50-day moving averages have moved 0.37% higher and 0.42% higher over the past week, respectively.
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