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Splunk Inc Bearish Moving Average Crossover Alert (SPLK)

By Nick Russo

Today, shares of Splunk Inc (NASDAQ:SPLK) have fallen below their 10-day MA of $119.25 on a volume of 285K 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.

Splunk Inc share prices have moved between a 52-week high of $143.70 and a 52-week low of $83.69 and are now trading 36% above that low price at $113.60 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.4%.

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

Keywords: moving crosses splunk inc

Ticker(s): SPLK