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

By Shiri Gupta

Interpublic Group of Cos (NYSE:IPG) shares have crossed bullishly above their 10-day moving average of $22.98 on a volume of 632K 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.

In the past 52 weeks, shares of Interpublic Group of Cos have traded between a low of $18.16 and a high of $24.82 and are now at $23.22, which is 28% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

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