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Kohl's Bearish Moving Average Crossover Alert (KSS)

By James Quinn

Kohl's (NYSE:KSS) shares have crossed bearishly below their 10-day moving average of $39.99 on a volume of 1.1 million 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 Kohl's have traded between a low of $33.87 and a high of $75.24 and are now at $39.29, which is 16% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Kohl's on December 19th, 2016 by issuing a Downtrend alert when the shares were trading at $51.96. Since that call, shares of Kohl's have fallen 22.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses kohl's

Ticker(s): KSS