• Return to Headlines

Skechers Usa-A Bullish Moving Average Crossover Alert (SKX)

By Shiri Gupta

Today, shares of Skechers Usa-A (NYSE:SKX) have advanced above their 10-day MA of $27.38 on a volume of 160K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Skechers Usa-A share prices have moved between a 52-week high of $32.71 and a 52-week low of $18.81 and are now trading 46% above that low price at $27.53 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.4%.

SmarTrend is monitoring the recent change of momentum in Skechers Usa-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Skechers Usa-A in search of a potential trend change.

Keywords: moving crosses skechers usa-a

Ticker(s): SKX