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International Ga Crosses Below its 10-day MA (IGT)

By Nick Russo

International Ga (NYSE:IGT) shares have crossed bearishly below their 10-day moving average of $5.67 on a volume of 514K 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.

International Ga share prices have moved between a 52-week high of $16.25 and a 52-week low of $3.59 and are now trading 49% above that low price at $5.35 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 5.2% while the 200-day MA has slid 0.9%.

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

Keywords: moving crosses international ga

Ticker(s): IGT