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Proofpoint Inc Bullish Moving Average Crossover Alert (PFPT)

By Shiri Gupta

Today, shares of Proofpoint Inc (NASDAQ:PFPT) have advanced above their 10-day MA of $120.63 on a volume of 167K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Proofpoint Inc have traded between a low of $75.92 and a high of $130.27 and are now at $121.40, which is 60% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.5%.

SmarTrend is tracking the current trend status for Proofpoint Inc and will alert subscribers who have PFPT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses proofpoint inc

Ticker(s): PFPT