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Gen-Probe Bullish Moving Average Crossover Alert (GPRO)

By Shiri Gupta

Today, shares of Gen-Probe (AMEX:GPRO) have advanced above their 10-day MA of $11.46 on a volume of 1.8 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.

Over the past year, Gen-Probe has traded in a range of $8.62 to $65.49 and is now at $11.64, 35% above that low. Over the past week, the 200-day moving average (MA) has gone down 3.7% while the 50-day MA has declined 0.5%.

SmarTrend is tracking the current trend status for Gen-Probe and will alert subscribers who have GPRO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amex:gpro Gen-Probe

Ticker(s): GPRO