• Return to Headlines

Extended Stay Am Bearish Moving Average Crossover Alert (STAY)

By James Quinn

Extended Stay Am (NYSE:STAY) crossed under its 10-day moving average of $18.18 on a volume of 118K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Extended Stay Am share prices have moved between a 52-week high of $22.58 and a 52-week low of $14.77 and are now trading 22% above that low price at $17.96 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.2%.

SmarTrend is tracking the current trend status for Extended Stay Am and will alert subscribers who have STAY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses extended stay am

Ticker(s): STAY