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

By Shiri Gupta

Endo Internation (NASDAQ:ENDP) shares have crossed bullishly above their 10-day moving average of $9.27 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 $5.27 and a high of $24.93 and are now at $9.50, which is 80% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 3.3% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Endo Internation on June 6th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $7.19. Since that recommendation, shares of Endo Internation have risen 26.7%. We continue to monitor ENDP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses endo internation

Ticker(s): ENDP