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Wayfair Inc- A Crosses Below its 10-day MA (W)

By Shiri Gupta

Wayfair Inc- A (NYSE:W) crossed under its 10-day moving average of $148.19 on a volume of 294K 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, Wayfair Inc- A share prices have been bracketed by a low of $76.60 and a high of $173.72 and are now at $145.51, 90% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses wayfair inc- a

Ticker(s): W