Keycorp Bearish Moving Average Crossover Alert (KEY)
Keycorp (NYSE:KEY) shares have crossed bearishly below their 10-day moving average of $12.43 on a volume of 3.7 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Keycorp share prices have moved between a 52-week high of $15.70 and a 52-week low of $9.88 and are now trading 24% above that low price at $12.29 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 1.0%.
SmarTrend is tracking the current trend status for Keycorp and will alert subscribers who have KEY in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses keycorp