user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 464216 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Shutterfly Bearish Moving Average Crossover Alert (SFLY)

Published on Thu, 03/21/2013 - 11:15
By Mallory Stone

Today, shares of Shutterfly (NASDAQ:SFLY) have fallen below their 10-day MA of $43.72 on a volume of 163K 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, Shutterfly share prices have been bracketed by a low of $23.52 and a high of $45.43 and are now at $43.10, 83% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.8%.

Shutterfly (NASDAQ:SFLY) has potential upside of 5.3% based on a current price of $43.10 and analysts' consensus price target of $45.40. The stock should discover initial support at its 50-day moving average (MA) of $38.84 and subsequent support at its 200-day MA of $31.77.

Shutterfly, Inc. operates an e-commerce Internet website. The website offers a wide range of photo-related products and services for social expression and personal publishing.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Recent 52-Week High Exceeded in Shares o...

Shares of Xerox (NYSE:XRX) traded at a new 52-week high today of $13.88. This new high ...

Web.com Group Inc: New 52-Week Low Set T...

Shares of Web.com Group Inc (NASDAQ:WWWW) traded at a new 52-week low today of $18.80. ...

Shares of Washington Real Estate Investm...

Washington Real Estate Investment Trust (NYSE:WRE) traded at a new 52-week high today o ...

Watch for Continued Gains in Shares of W...

Shares of WPX Energy (NYSE:WPX) traded today at $26.76, breaking its 52-week high. Thi ...

VCA Antech: 52-Week High Recently Eclips...

VCA Antech (NASDAQ:WOOF) traded today at a new 52-week high of $41.12. This new high w ...

WellPoint Looks to Continue to Trade Abo...

WellPoint (NYSE:WLP) traded at a new 52-week high today of $117.32. Approximately 862, ...

Whiting Petroleum: 52-Week High Recently...

Shares of Whiting Petroleum (NYSE:WLL) traded today at $92.92, breaking its 52-week hig ...

Shares of Vector Group Rise Above Previo...

Vector Group (NYSE:VGR) traded today at a new 52-week high of $23.76. So far today app ...