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Bullish Moving Average Cross by Perrigo Co Plc (PRGO)

By Nick Russo

Today, shares of Perrigo Co Plc (NYSE:PRGO) have advanced above their 10-day MA of $54.86 on a volume of 254K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Perrigo Co Plc has traded in a range of $36.28 to $75.94 and is now at $55.70, 54% above that low. The 200-day and 50-day moving averages have moved 0.37% lower and 1.14% higher over the past week, respectively.

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

Keywords: moving crosses perrigo co plc

Ticker(s): PRGO