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Liberty Prop Bearish Moving Average Crossover Alert (LPT)

By James Quinn

Liberty Prop (NYSE:LPT) shares have crossed bearishly below their 10-day moving average of $43.21 on a volume of 453K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Liberty Prop has traded in a range of $37.77 to $45.40 and is now at $42.98, 14% above that low. The 200-day and 50-day moving averages have moved 0.1% lower and 0.21% lower over the past week, respectively.

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

Keywords: moving crosses liberty prop

Ticker(s): LPT