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Bullish Moving Average Cross by Prologis Inc (PLD)

By Nick Russo

Today, shares of Prologis Inc (NYSE:PLD) have crossed bullishly above their 10-day moving average of $80.86 on a volume of 355K 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, Prologis Inc has traded in a range of $55.21 to $83.99 and is now at $81.18, 47% above that low. The 200-day and 50-day moving averages have moved 0.34% higher and 0.50% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Prologis Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Prologis Inc in search of a potential trend change.

Keywords: moving crosses prologis inc

Ticker(s): PLD