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USG Bearish Moving Average Crossover Alert (USG)

By David Diaz

USG (NYSE:USG) shares have crossed bearishly below their 10-day moving average of $25.85 on a volume of 233K 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, shares of USG have traded between a low of $15.85 and a high of $32.88 and are now at $25.67, which is 62% above that low price. Over the past week, 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