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WebMD Health Bearish Moving Average Crossover Alert (WBMD)

By James Quinn

WebMD Health (NASDAQ:WBMD) shares have crossed bearishly below their 10-day moving average of $52.25 on a volume of 214K 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, WebMD Health share prices have been bracketed by a low of $37.57 and a high of $67.55 and are now at $51.75, 38% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has risen 0.7%.

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

Keywords: moving crosses webmd health

Ticker(s): WBMD