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Ptc Inc Crosses Above its 10-day MA (PTC)

By James Quinn

Today, shares of Ptc Inc (NASDAQ:PTC) have crossed bullishly above their 10-day moving average of $89.82 on a volume of 140K 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 Ptc Inc have traded between a low of $76.67 and a high of $107.44 and are now at $90.19, which is 18% above that low price. The 200-day and 50-day moving averages have moved 0.28% lower and 0.16% higher over the past week, respectively.

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

Keywords: moving crosses ptc inc

Ticker(s): PTC