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Walgreens Boots Crosses Below its 10-day MA (WBA)

By James Quinn

Today, shares of Walgreens Boots (NASDAQ:WBA) have crossed bearishly below their 10-day moving average of $81.16 on a volume of 1.0 million 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, shares of Walgreens Boots have traded between a low of $75.18 and a high of $88.00 and are now at $80.89, which is 8% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.3%.

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

Keywords: moving crosses walgreens boots

Ticker(s): WBA