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Waters Bearish Moving Average Crossover Alert (WAT)

By David Diaz

Today, shares of Waters (NYSE:WAT) have fallen below their 10-day MA of $155.03 on a volume of 1.0 million 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, shares of Waters have traded between a low of $112.00 and a high of $162.53 and are now at $144.55, which is 29% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

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

Keywords: moving crosses waters

Ticker(s): WAT