• Return to Headlines

Overstock.Com Bullish Moving Average Crossover Alert (OSTK)

By Amy Schwartz

Overstock.Com (NASDAQ:OSTK) crossed over its 10-day moving average of $34.47 on a volume of 215K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Overstock.Com share prices have been bracketed by a low of $13.05 and a high of $89.80 and are now at $34.70, 166% above that low price. The 200-day and 50-day moving averages have moved 0.49% higher and 2.03% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Overstock.Com on March 14th, 2018 by issuing a Downtrend alert when the shares were trading at $49.73. Since that call, shares of Overstock.Com have fallen 31.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses overstock.com

Ticker(s): OSTK