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G Iii Apparel Bearish Moving Average Crossover Alert (GIII)

By Amy Schwartz

Today, shares of G Iii Apparel (NASDAQ:GIII) have crossed bearishly below their 10-day moving average of $28.18 on a volume of 119K 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.

G Iii Apparel share prices have moved between a 52-week high of $50.83 and a 52-week low of $23.34 and are now trading 19% above that low price at $27.83 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.9% while the 200-day MA has slid 0.8%.

SmarTrend is tracking the current trend status for G Iii Apparel and will alert subscribers who have GIII in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses g iii apparel

Ticker(s): GIII