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Wolverine World Wide Bearish Moving Average Crossover Alert (WWW)

By Shiri Gupta

Today, shares of Wolverine World Wide (NYSE:WWW) have fallen below their 10-day MA of $18.99 on a volume of 235K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Wolverine World Wide share prices have been bracketed by a low of $14.74 and a high of $30.93 and are now at $18.54, 26% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has advanced 0.7%.

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

Keywords: moving crosses wolverine world wide

Ticker(s): WWW