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Bearish Moving Average Cross by Zoetis Inc (ZTS)

By Shiri Gupta

Zoetis Inc (NYSE:ZTS) shares have crossed bearishly below their 10-day moving average of $82.58 on a volume of 498K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Zoetis Inc have traded between a low of $45.28 and a high of $86.38 and are now at $82.36, which is 82% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.0%.

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

Keywords: moving crosses zoetis inc

Ticker(s): ZTS