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Live Nation Ente Bearish Moving Average Crossover Alert (LYV)

By David Diaz

Live Nation Ente (NYSE:LYV) crossed under its 10-day moving average of $68.57 on a volume of 667K 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.

In the past 52 weeks, Live Nation Ente share prices have been bracketed by a low of $46.02 and a high of $73.72 and are now at $65.66, 43% above that low price. The 200-day and 50-day moving averages have moved 0.55% higher and 0.04% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Live Nation Ente and will alert subscribers who have LYV in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses live nation ente

Ticker(s): LYV