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Wabco Holdings Bearish Moving Average Crossover Alert (WBC)

By Shiri Gupta

Today, shares of Wabco Holdings (NYSE:WBC) have crossed bearishly below their 10-day moving average of $119.83 on a volume of 372K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Wabco Holdings share prices have been bracketed by a low of $113.00 and a high of $162.20 and are now at $119.44, 6% above that low price. The 200-day and 50-day moving averages have moved 0.3% lower and 0.4% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Wabco Holdings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Wabco Holdings in search of a potential trend change.

Keywords: moving crosses wabco holdings

Ticker(s): WBC