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Seaworld Enterta Crosses Below its 10-day MA (SEAS)

By Amy Schwartz

Today, shares of Seaworld Enterta (NYSE:SEAS) have fallen below their 10-day MA of $13.20 on a volume of 185K 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.

Over the past year, Seaworld Enterta has traded in a range of $11.10 to $20.13 and is now at $13.02, 17% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Seaworld Enterta on June 8th, 2017 by issuing a Downtrend alert when the shares were trading at $16.65. Since that call, shares of Seaworld Enterta have fallen 19.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses seaworld enterta

Ticker(s): SEAS