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Geo Group Inc/Th Bearish Moving Average Crossover Alert (GEO)

By David Diaz

Geo Group Inc/Th (NYSE:GEO) crossed under its 10-day moving average of $19.75 on a volume of 141K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Geo Group Inc/Th has traded in a range of $18.18 to $28.06 and is now at $19.44, 7% above that low. The 200-day and 50-day moving averages have moved 0.53% lower and 0.89% lower over the past week, respectively.

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

Keywords: moving crosses geo group inc/th

Ticker(s): GEO