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

By Amy Schwartz

Today, shares of Monro Muffler (NASDAQ:MNRO) have fallen below their 10-day MA of $55.13 on a volume of 286K 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 Monro Muffler have traded between a low of $39.65 and a high of $70.78 and are now at $54.15, which is 37% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.4%.

SmarTrend is tracking the current trend status for Monro Muffler and will alert subscribers who have MNRO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses monro muffler

Ticker(s): MNRO