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Pgt Innovations Bearish Moving Average Crossover Alert (PGTI)

By David Diaz

Today, shares of Pgt Innovations (NYSE:PGTI) have fallen below their 10-day MA of $20.94 on a volume of 203K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Pgt Innovations have traded between a low of $11.90 and a high of $21.97 and are now at $20.65, which is 74% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.9%.

SmarTrend recommended that subscribers consider buying shares of Pgt Innovations on February 20th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $17.37. Since that recommendation, shares of Pgt Innovations have risen 21.2%. We continue to monitor PGTI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses pgt innovations

Ticker(s): PGTI