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Scripps Networks Interactive Crosses Below its 10-day MA (SNI)

By Shiri Gupta

Today, shares of Scripps Networks Interactive (NYSE:SNI) have fallen below their 10-day MA of $66.38 on a volume of 153K 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 $66.02, which is 39% above that low price. Over the past week, 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

Ticker(s): SNI