Perrigo Crosses Below its 10-day MA (PRGO)
Perrigo (NASDAQ:PRGO) crossed under its 10-day moving average of $90.50 on a volume of 162K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Perrigo share prices have moved between a 52-week high of $200.96 and a 52-week low of $82.50 and are now trading 9% above that low price at $90.21 per share. The 200-day and 50-day moving averages have moved 1.18% lower and 1.89% lower over the past week, respectively.
SmarTrend is tracking the current trend status for Perrigo and will alert subscribers who have PRGO in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Perrigo