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Masco Corp Crosses Below its 10-day MA (MAS)

By James Quinn

Masco Corp (NYSE:MAS) crossed under its 10-day moving average of $38.09 on a volume of 262K 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.

In the past 52 weeks, Masco Corp share prices have been bracketed by a low of $35.79 and a high of $46.45 and are now at $37.88, 6% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

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

Keywords: moving crosses masco corp

Ticker(s): MAS