• Return to Headlines

Bullish Moving Average Cross by Procter & Gamble (PG)

By Amy Schwartz

Procter & Gamble (NYSE:PG) crossed over its 10-day moving average of $86.40 on a volume of 1.3 million 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.

In the past 52 weeks, Procter & Gamble share prices have been bracketed by a low of $65.02 and a high of $92.00 and are now at $86.55, 33% above that low price. Over the past week, 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 Procter & Gamble and will alert subscribers who have PG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Procter & Gamble

Ticker(s): PG