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USG Bearish Moving Average Crossover Alert (USG)

By Shiri Gupta

USG (NYSE:USG) shares have crossed bearishly below their 10-day moving average of $26.16 on a volume of 157K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

USG share prices have moved between a 52-week high of $32.88 and a 52-week low of $15.85 and are now trading 64% above that low price at $26.06 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.1%.

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

Keywords: moving crosses

Ticker(s): USG