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Imax Corp Bearish Moving Average Crossover Alert (IMAX)

By James Quinn

Imax Corp (NYSE:IMAX) crossed under its 10-day moving average of $23.18 on a volume of 295K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Imax Corp have traded between a low of $17.58 and a high of $35.30 and are now at $22.73, which is 29% above that low price. The 200-day and 50-day moving averages have moved 0.04% higher and 0.25% higher over the past week, respectively.

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

Keywords: moving crosses imax corp

Ticker(s): IMAX