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Kohls Corp Bearish Moving Average Crossover Alert (KSS)

By Shiri Gupta

Kohls Corp (NYSE:KSS) crossed under its 10-day moving average of $75.25 on a volume of 2.4 million 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.

Kohls Corp share prices have moved between a 52-week high of $79.92 and a 52-week low of $35.33 and are now trading 108% above that low price at $73.58 per share. Over the last five market days, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 1.3%.

SmarTrend recommended that subscribers consider buying shares of Kohls Corp on May 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $64.11. Since that recommendation, shares of Kohls Corp have risen 18.1%. We continue to monitor KSS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses kohls corp

Ticker(s): KSS