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Vmware Inc-Cl A Bearish Moving Average Crossover Alert (VMW)

By Amy Schwartz

Vmware Inc-Cl A (NYSE:VMW) crossed under its 10-day moving average of $200.19 on a volume of 107K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Vmware Inc-Cl A have traded between a low of $129.33 and a high of $206.41 and are now at $198.80, which is 54% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.5%.

SmarTrend is tracking the current trend status for Vmware Inc-Cl A and will alert subscribers who have VMW in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses vmware inc-cl a

Ticker(s): VMW