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

By James Quinn

Ptc Inc (NASDAQ:PTC) shares have crossed bullishly above their 10-day moving average of $64.87 on a volume of 114K 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.

Ptc Inc share prices have moved between a 52-week high of $102.47 and a 52-week low of $62.05 and are now trading 6% above that low price at $65.62 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.8%.

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