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Senior Housing Properties Trust Crosses Below its 10-day MA (SNH)

By Amy Schwartz

Today, shares of Senior Housing Properties Trust (NYSE:SNH) have fallen below their 10-day MA of $21.81 on a volume of 330K 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.

Senior Housing Properties Trust share prices have moved between a 52-week high of $23.85 and a 52-week low of $13.53 and are now trading 60% above that low price at $21.62 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.5%.

SmarTrend is tracking the current trend status for Senior Housing Properties Trust and will alert subscribers who have SNH in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses senior housing properties trust

Ticker(s): SNH