ENSCO International Crosses Below its 10-day MA (ESV)
Today, shares of ENSCO International (NYSE:ESV) have fallen below their 10-day MA of $58.24 on a volume of 302K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
ENSCO International share prices have moved between a 52-week high of $65.82 and a 52-week low of $51.01 and are now trading 14% above that low price at $57.97 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has remained constant.
SmarTrend is monitoring the recent change of momentum in ENSCO International. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of ENSCO International in search of a potential trend change.
Keywords: moving crosses ensco international