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Global Blood The Bearish Moving Average Crossover Alert (GBT)

By James Quinn

Global Blood The (NASDAQ:GBT) shares have crossed bearishly below their 10-day moving average of $52.62 on a volume of 149K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Global Blood The has traded in a range of $30.15 to $64.94 and is now at $52.43, 74% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has risen 0.9%.

SmarTrend is monitoring the recent change of momentum in Global Blood The. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Global Blood The in search of a potential trend change.

Keywords: moving crosses global blood the

Ticker(s): GBT