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Finish Line Bearish Moving Average Crossover Alert (FINL)

By Shiri Gupta

Today, shares of Finish Line (NASDAQ:FINL) have fallen below their 10-day MA of $14.07 on a volume of 225K 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, Finish Line has traded in a range of $12.46 to $29.05 and is now at $13.91, 12% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Finish Line on December 21st, 2016 by issuing a Downtrend alert when the shares were trading at $20.30. Since that call, shares of Finish Line have fallen 30.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Finish Line

Ticker(s): FINL