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Live Nation Ente Crosses Below its 10-day MA (LYV)

By Amy Schwartz

Live Nation Ente (NYSE:LYV) shares have crossed bearishly below their 10-day moving average of $70.02 on a volume of 140K 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.

Over the past year, Live Nation Ente has traded in a range of $46.02 to $73.72 and is now at $69.72, 51% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.3%.

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

Keywords: moving crosses live nation ente

Ticker(s): LYV