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Bullish Moving Average Cross by Abbott Labs (ABT)

By David Diaz

Abbott Labs (NYSE:ABT) crossed over its 10-day moving average of $76.21 on a volume of 503K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Abbott Labs have traded between a low of $60.32 and a high of $80.74 and are now at $76.47, which is 27% above that low price. The 200-day and 50-day moving averages have moved 0.23% higher and 0.07% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Abbott Labs and will alert subscribers who have ABT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses abbott labs

Ticker(s): ABT