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Tale of the Tape
Zacks Equity Research
Moving Average Crossover: Great News for Tile Shop Hldgs, Inc. (TTS)?
December 04, 2013
by Zacks Equity Research Published on December 04, 2013
Tile Shop Hldgs, Inc. (TTS - Snapshot Report) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for TTS broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.
This has already started to take place, as the stock has moved lower by 30.9% in the past four weeks. Plus, the company currently has a Zacks Rank 4(Sell) meaning that now could definitely be the time to get out of this potentially in-trouble stock.