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Monro Muffler Crosses Below its 10-day MA (MNRO)

By Shiri Gupta

Monro Muffler (NASDAQ:MNRO) crossed under its 10-day moving average of $55.87 on a volume of 339K 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.

Monro Muffler share prices have moved between a 52-week high of $70.78 and a 52-week low of $39.65 and are now trading 36% above that low price at $53.80 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.

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

Keywords: moving crosses monro muffler

Ticker(s): MNRO