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Paccar Inc Bullish Moving Average Crossover Alert (PCAR)

By Amy Schwartz

Paccar Inc (NASDAQ:PCAR) crossed over its 10-day moving average of $70.95 on a volume of 117K 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.

In the past 52 weeks, shares of Paccar Inc have traded between a low of $53.43 and a high of $73.00 and are now at $71.13, which is 33% above that low price. The 200-day and 50-day moving averages have moved 0.43% higher and 0.01% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Paccar Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Paccar Inc in search of a potential trend change.

Keywords: moving crosses paccar inc

Ticker(s): PCAR