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