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Ppg Inds Inc Bullish Moving Average Crossover Alert (PPG)

By Shiri Gupta

Ppg Inds Inc (NYSE:PPG) shares have crossed bullishly above their 10-day moving average of $116.79 on a volume of 590K 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.

Over the past year, Ppg Inds Inc has traded in a range of $94.37 to $121.29 and is now at $116.99, 24% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Ppg Inds Inc on June 5th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $111.49. Since that recommendation, shares of Ppg Inds Inc have risen 4.6%. We continue to monitor PPG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses ppg inds inc

Ticker(s): PPG