Bullish Moving Average Cross by Gen-Probe (GPRO)
Today, shares of Gen-Probe (AMEX:GPRO) have advanced above their 10-day MA of $10.65 on a volume of 1.4 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Gen-Probe have traded between a low of $8.62 and a high of $65.49 and are now at $10.78, which is 25% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.5% while the 200-day MA has slid 3.7%.
SmarTrend is tracking the current trend status for Gen-Probe and will alert subscribers who have GPRO in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses amex:gpro Gen-Probe