• Return to Headlines

Bullish Moving Average Cross by Petmed Express (PETS)

By Amy Schwartz

Petmed Express (NASDAQ:PETS) shares have crossed bullishly above their 10-day moving average of $16.45 on a volume of 181K 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.

Petmed Express share prices have moved between a 52-week high of $38.90 and a 52-week low of $15.00 and are now trading 12% above that low price at $16.85 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 0.6%.

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

Keywords: moving crosses petmed express

Ticker(s): PETS