Lumber Liquidators Crosses Below its 10-day MA (LL)
Today, shares of Lumber Liquidators (NYSE:LL) have fallen below their 10-day MA of $27.37 on a volume of 1.1 million 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.
Over the past year, Lumber Liquidators has traded in a range of $25.81 to $86.45 and is now at $26.94, 4% above that low. The 200-day and 50-day moving averages have moved 0.8% lower and 4.16% lower over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in Lumber Liquidators. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Lumber Liquidators in search of a potential trend change.
Keywords: moving crosses lumber liquidators