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Ebay Inc Crosses Below its 10-day MA (EBAY)

By Shiri Gupta

Today, shares of Ebay Inc (NASDAQ:EBAY) have fallen below their 10-day MA of $39.62 on a volume of 3.7 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.

In the past 52 weeks, shares of Ebay Inc have traded between a low of $22.30 and a high of $123.47 and are now at $39.40, which is 77% above that low price. The 200-day and 50-day moving averages have moved 0.21% higher and 0.08% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Ebay Inc and will alert subscribers who have EBAY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ebay inc

Ticker(s): EBAY