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Philip Morris In Crosses Above its 10-day MA (PM)

By James Quinn

Philip Morris In (NYSE:PM) crossed over its 10-day moving average of $114.91 on a volume of 354K 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, shares of Philip Morris In have traded between a low of $86.78 and a high of $123.55 and are now at $115.64, which is 33% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for Philip Morris In and will alert subscribers who have PM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses philip morris in

Ticker(s): PM