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Quest Diagnostics Bullish Moving Average Crossover Alert (DGX)

By Shiri Gupta

Quest Diagnostics (NYSE:DGX) shares have crossed bullishly above their 10-day moving average of $76.33 on a volume of 289K 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 Quest Diagnostics have traded between a low of $59.66 and a high of $89.00 and are now at $76.65, which is 28% above that low price. The 200-day and 50-day moving averages have moved 0.06% higher and 0.99% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Quest Diagnostics on February 18th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $65.35. Since that recommendation, shares of Quest Diagnostics have risen 16.5%. We continue to monitor DGX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses quest diagnostics

Ticker(s): DGX