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Express Scripts Crosses Below its 10-day MA (ESRX)

By David Diaz

Today, shares of Express Scripts (NASDAQ:ESRX) have crossed bearishly below their 10-day moving average of $75.54 on a volume of 294K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Express Scripts has traded in a range of $55.80 to $85.07 and is now at $75.09, 35% above that low. The 200-day and 50-day moving averages have moved 0.47% lower and 0.49% higher over the past week, respectively.

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

Keywords: moving crosses Express Scripts

Ticker(s): ESRX