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K12 Inc Crosses Below its 10-day MA (LRN)

By James Quinn

K12 Inc (NYSE:LRN) crossed under its 10-day moving average of $35.77 on a volume of 642K 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 K12 Inc have traded between a low of $13.68 and a high of $37.43 and are now at $30.89, which is 126% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for K12 Inc and will alert subscribers who have LRN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses k12 inc

Ticker(s): LRN