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Interpublic Group of Cos Crosses Above its 10-day MA (IPG)

By Nick Russo

Interpublic Group of Cos (NYSE:IPG) shares have crossed bullishly above their 10-day moving average of $22.57 on a volume of 1.2 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Interpublic Group of Cos share prices have moved between a 52-week high of $24.82 and a 52-week low of $18.16 and are now trading 25% above that low price at $22.75 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.3%.

SmarTrend is tracking the current trend status for Interpublic Group of Cos and will alert subscribers who have IPG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses interpublic group of cos

Ticker(s): IPG