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Flowers Foods Crosses Below its 10-day MA (FLO)

By Amy Schwartz

Flowers Foods (NYSE:FLO) crossed under its 10-day moving average of $20.42 on a volume of 183K 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.

In the past 52 weeks, shares of Flowers Foods have traded between a low of $17.71 and a high of $22.82 and are now at $20.27, which is 14% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses Flowers Foods

Ticker(s): FLO