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Twenty-First C-A Bearish Moving Average Crossover Alert (FOXA)

By Shiri Gupta

Today, shares of Twenty-First C-A (NASDAQ:FOXA) have crossed bearishly below their 10-day moving average of $36.44 on a volume of 436K 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.

Twenty-First C-A share prices have moved between a 52-week high of $51.99 and a 52-week low of $33.78 and are now trading 7% above that low price at $36.18 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has slid 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Twenty-First C-A on March 19th, 2019 by issuing a Downtrend alert when the shares were trading at $40.77. Since that call, shares of Twenty-First C-A have fallen 10.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses twenty-first c-a

Ticker(s): FOXA