• Return to Headlines

Washington Prime Bullish Moving Average Crossover Alert (WPG)

By Amy Schwartz

Today, shares of Washington Prime (NYSE:WPG) have advanced above their 10-day MA of $6.92 on a volume of 827K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Washington Prime share prices have moved between a 52-week high of $14.15 and a 52-week low of $5.40 and are now trading 31% above that low price at $7.06 per share. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 2.3%.

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

Keywords: moving crosses washington prime

Ticker(s): WPG