Patterson Bullish Moving Average Crossover Alert (PDCO)
Today, shares of Patterson (NASDAQ:PDCO) have crossed bullishly above their 10-day moving average of $46.31 on a volume of 146K 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.
Patterson share prices have moved between a 52-week high of $53.07 and a 52-week low of $38.51 and are now trading 22% above that low price at $46.95 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.3%.
SmarTrend is tracking the current trend status for Patterson and will alert subscribers who have PDCO in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses patterson