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Bullish Moving Average Cross by Pinnacle Enterta (PNK)

By James Quinn

Pinnacle Enterta (NASDAQ:PNK) crossed over its 10-day moving average of $31.04 on a volume of 168K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Pinnacle Enterta has traded in a range of $10.41 to $33.59 and is now at $32.17, 209% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1.7% while the 50-day MA has declined 4.1%.

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

Keywords: moving crosses pinnacle enterta

Ticker(s): PNK