• Return to Headlines

Petmed Express Crosses Below its 10-day MA (PETS)

By David Diaz

Petmed Express (NASDAQ:PETS) crossed under its 10-day moving average of $38.54 on a volume of 1.6 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Petmed Express share prices have been bracketed by a low of $31.81 and a high of $57.80 and are now at $34.50, 8% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.5%.

SmarTrend is monitoring the recent change of momentum in Petmed Express. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Petmed Express in search of a potential trend change.

Keywords: moving crosses petmed express

Ticker(s): PETS