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Global Payments Bearish Moving Average Crossover Alert (GPN)

By Shiri Gupta

Today, shares of Global Payments (NYSE:GPN) have fallen below their 10-day MA of $111.34 on a volume of 336K 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 Global Payments have traded between a low of $64.63 and a high of $118.94 and are now at $110.49, which is 71% above that low price. The 200-day and 50-day moving averages have moved 0.62% higher and 1.47% higher over the past week, respectively.

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

Keywords: moving crosses global payments

Ticker(s): GPN