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Endo Internation Crosses Above its 10-day MA (ENDP)

By Amy Schwartz

Today, shares of Endo Internation (NASDAQ:ENDP) have crossed bullishly above their 10-day moving average of $8.69 on a volume of 1.2 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Endo Internation have traded between a low of $7.41 and a high of $24.93 and are now at $8.94, which is 21% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 5.3% while the 200-day MA has slid 2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Endo Internation on June 12th, 2017 by issuing a Downtrend alert when the shares were trading at $11.38. Since that call, shares of Endo Internation have fallen 24.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses endo internation

Ticker(s): ENDP