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Louisiana-Pacifi Bearish Moving Average Crossover Alert (LPX)

By Shiri Gupta

Today, shares of Louisiana-Pacifi (NYSE:LPX) have crossed bearishly below their 10-day moving average of $22.74 on a volume of 219K 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, shares of Louisiana-Pacifi have traded between a low of $20.39 and a high of $32.16 and are now at $22.60, which is 11% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has remained constant.

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

Keywords: moving crosses louisiana-pacifi

Ticker(s): LPX