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Finish Line-A Bearish Moving Average Crossover Alert (FINL)

By Amy Schwartz

Today, shares of Finish Line-A (NASDAQ:FINL) have fallen below their 10-day MA of $10.44 on a volume of 710K 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.

Over the past year, Finish Line-A has traded in a range of $6.90 to $24.52 and is now at $9.75, 41% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 0.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Finish Line-A on January 26th, 2018 by issuing a Downtrend alert when the shares were trading at $12.40. Since that call, shares of Finish Line-A have fallen 14.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses finish line-a

Ticker(s): FINL