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Patterson Bullish Moving Average Crossover Alert (PDCO)

By James Quinn

Today, shares of Patterson (NASDAQ:PDCO) have advanced above their 10-day MA of $43.31 on a volume of 626K 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, Patterson share prices have been bracketed by a low of $36.46 and a high of $53.07 and are now at $44.54, 22% above that low price. 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

Ticker(s): PDCO