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Procter & Gamble Crosses Above its 10-day MA (PG)

By Shiri Gupta

Today, shares of Procter & Gamble (NYSE:PG) have advanced above their 10-day MA of $106.79 on a volume of 179K 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.

Procter & Gamble share prices have moved between a 52-week high of $108.51 and a 52-week low of $72.80 and are now trading 47% above that low price at $107.22 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for Procter & Gamble and will alert subscribers who have PG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Procter & Gamble

Ticker(s): PG