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Las Vegas Sands Crosses Below its 10-day MA (LVS)

By James Quinn

Las Vegas Sands (NYSE:LVS) crossed under its 10-day moving average of $70.74 on a volume of 320K 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.

In the past 52 weeks, shares of Las Vegas Sands have traded between a low of $41.45 and a high of $79.84 and are now at $70.59, which is 70% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.2%.

SmarTrend is monitoring the recent change of momentum in Las Vegas Sands. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Las Vegas Sands in search of a potential trend change.

Keywords: moving crosses Las Vegas Sands

Ticker(s): LVS