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Bullish Moving Average Cross by Prestige Brands (PBH)

By Shiri Gupta

Prestige Brands (NYSE:PBH) shares have crossed bullishly above their 10-day moving average of $34.66 on a volume of 176K 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, Prestige Brands has traded in a range of $27.84 to $53.90 and is now at $34.99, 26% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.9%.

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

Keywords: moving crosses prestige brands

Ticker(s): PBH