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Idexx Labs Bearish Moving Average Crossover Alert (IDXX)

By James Quinn

Today, shares of Idexx Labs (NASDAQ:IDXX) have fallen below their 10-day MA of $206.67 on a volume of 499K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Idexx Labs share prices have been bracketed by a low of $85.98 and a high of $217.89 and are now at $199.32, 132% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.4%.

SmarTrend recommended that subscribers consider buying shares of Idexx Labs on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $198.35. Since that recommendation, shares of Idexx Labs have risen 5.3%. We continue to monitor IDXX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses idexx labs

Ticker(s): IDXX