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Bullish Moving Average Cross by Endo Pharmaceuticals (ENDP)

By Shiri Gupta

Today, shares of Endo Pharmaceuticals (NASDAQ:ENDP) have crossed bullishly above their 10-day moving average of $12.98 on a volume of 3.6 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Endo Pharmaceuticals has traded in a range of $9.70 to $96.58 and is now at $13.54, 40% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 5.3% while the 200-day MA has slid 2%.

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

Keywords: moving crosses Endo Pharmaceuticals

Ticker(s): ENDP