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Orasure Tech Bearish Moving Average Crossover Alert (OSUR)

By Amy Schwartz

Today, shares of Orasure Tech (NASDAQ:OSUR) have crossed bearishly below their 10-day moving average of $18.14 on a volume of 320K 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, Orasure Tech has traded in a range of $5.57 to $23.01 and is now at $18.04, 224% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.5%.

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

Keywords: moving crosses orasure tech

Ticker(s): OSUR