Post Properties Crosses Below its 10-day MA (PPS)
Post Properties (NYSE:PPS) crossed under its 10-day moving average of $60.79 on a volume of 129K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, Post Properties has traded in a range of $52.08 to $62.55 and is now at $60.65, 16% above that low. The 200-day and 50-day moving averages have moved 0.06% higher and 0.62% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in Post Properties. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Post Properties in search of a potential trend change.
Keywords: moving crosses post properties