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Bullish Moving Average Cross by Pfizer Inc (PFE)

By Amy Schwartz

Today, shares of Pfizer Inc (NYSE:PFE) have crossed bullishly above their 10-day moving average of $42.64 on a volume of 2.0 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, Pfizer Inc has traded in a range of $35.73 to $46.47 and is now at $42.80, 20% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses pfizer inc

Ticker(s): PFE