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Five Below Bearish Moving Average Crossover Alert (FIVE)

By David Diaz

Today, shares of Five Below (NASDAQ:FIVE) have fallen below their 10-day MA of $48.91 on a volume of 1.4 million 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.

Five Below share prices have moved between a 52-week high of $54.13 and a 52-week low of $35.03 and are now trading 33% above that low price at $46.76 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for Five Below and will alert subscribers who have FIVE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses five below

Ticker(s): FIVE