Scripps Networks Interactive Crosses Below its 10-day MA (SNI)
Scripps Networks Interactive (NYSE:SNI) crossed under its 10-day moving average of $64.00 on a volume of 459K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, shares of Scripps Networks Interactive have traded between a low of $47.62 and a high of $72.11 and are now at $62.68, which is 32% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.
SmarTrend is tracking the current trend status for Scripps Networks Interactive and will alert subscribers who have SNI in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Scripps Networks Interactive