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Tupperware Brand Bearish Moving Average Crossover Alert (TUP)

By Amy Schwartz

Today, shares of Tupperware Brand (NYSE:TUP) have fallen below their 10-day MA of $43.41 on a volume of 122K 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.

Tupperware Brand share prices have moved between a 52-week high of $74.36 and a 52-week low of $40.78 and are now trading 6% above that low price at $43.04 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Tupperware Brand on January 31st, 2018 by issuing a Downtrend alert when the shares were trading at $59.03. Since that call, shares of Tupperware Brand have fallen 25.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses tupperware brand

Ticker(s): TUP