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Visteon Bearish Moving Average Crossover Alert (VC)

By David Diaz

Visteon (NYSE:VC) shares have crossed bearishly below their 10-day moving average of $68.05 on a volume of 473K 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, Visteon share prices have been bracketed by a low of $58.83 and a high of $121.65 and are now at $66.37, 13% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.9%.

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

Keywords: moving crosses visteon

Ticker(s): VC