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J2 Global Inc Bearish Moving Average Crossover Alert (JCOM)

By Amy Schwartz

Today, shares of J2 Global Inc (NASDAQ:JCOM) have crossed bearishly below their 10-day moving average of $82.31 on a volume of 117K 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.

J2 Global Inc share prices have moved between a 52-week high of $91.58 and a 52-week low of $60.00 and are now trading 37% above that low price at $82.06 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for J2 Global Inc and will alert subscribers who have JCOM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses j2 global inc

Ticker(s): JCOM