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Fossil Group Inc Crosses Below its 10-day MA (FOSL)

By James Quinn

Fossil Group Inc (NASDAQ:FOSL) shares have crossed bearishly below their 10-day moving average of $24.00 on a volume of 221K 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 Fossil Group Inc have traded between a low of $5.50 and a high of $32.17 and are now at $23.44, which is 326% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.5% while the 50-day MA has declined 0.9%.

SmarTrend is tracking the current trend status for Fossil Group Inc and will alert subscribers who have FOSL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses fossil group inc

Ticker(s): FOSL