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Patterson Cos Crosses Above its 10-day MA (PDCO)

By James Quinn

Patterson Cos (NASDAQ:PDCO) crossed over its 10-day moving average of $16.99 on a volume of 215K 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, Patterson Cos share prices have been bracketed by a low of $15.73 and a high of $26.60 and are now at $17.09, 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.4% while the 200-day MA has slid 0.3%.

SmarTrend is tracking the current trend status for Patterson Cos and will alert subscribers who have PDCO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses patterson cos

Ticker(s): PDCO