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Select Comfort Crosses Below its 10-day MA (SCSS)

By Amy Schwartz

Select Comfort (NASDAQ:SCSS) crossed under its 10-day moving average of $22.85 on a volume of 863K 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, Select Comfort share prices have been bracketed by a low of $14.28 and a high of $32.36 and are now at $22.07, 55% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 3.1%.

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

Keywords: moving crosses select comfort

Ticker(s): SCSS