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Roche Holding Crosses Below its 10-day MA (RHHBY)

By Nick Russo

Roche Holding (NASDAQ:RHHBY) shares have crossed bearishly below their 10-day moving average of $31.70 on a volume of 151K 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 Roche Holding have traded between a low of $29.89 and a high of $76.51 and are now at $31.43, which is 5% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.3%.

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

Keywords: moving crosses roche holding

Ticker(s): RHHBY