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Party City Holdc Crosses Above its 10-day MA (PRTY)

By Amy Schwartz

Today, shares of Party City Holdc (NYSE:PRTY) have advanced above their 10-day MA of $15.60 on a volume of 276K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Party City Holdc share prices have been bracketed by a low of $9.50 and a high of $19.10 and are now at $15.97, 68% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1% while the 50-day MA has advanced 3.0%.

SmarTrend recommended that subscribers consider buying shares of Party City Holdc on November 17th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $12.44. Since that recommendation, shares of Party City Holdc have risen 24.6%. We continue to monitor PRTY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses party city holdc

Ticker(s): PRTY