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Us Silica Holdin Crosses Below its 10-day MA (SLCA)

By Nick Russo

Today, shares of Us Silica Holdin (NYSE:SLCA) have crossed bearishly below their 10-day moving average of $26.24 on a volume of 775K 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.

Over the past year, Us Silica Holdin has traded in a range of $23.75 to $38.70 and is now at $25.81, 9% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has slid 0.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Us Silica Holdin on June 5th, 2018 by issuing a Downtrend alert when the shares were trading at $30.11. Since that call, shares of Us Silica Holdin have fallen 12.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses us silica holdin

Ticker(s): SLCA