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Us Concrete Inc Bearish Moving Average Crossover Alert (USCR)

By Amy Schwartz

Us Concrete Inc (NASDAQ:USCR) crossed under its 10-day moving average of $60.09 on a volume of 490K 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.

In the past 52 weeks, Us Concrete Inc share prices have been bracketed by a low of $42.82 and a high of $86.35 and are now at $58.34, 36% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.7%.

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

Keywords: moving crosses us concrete inc

Ticker(s): USCR