Teva Pharmaceutical Industries Bullish Moving Average Crossover Alert (TEVA)
Teva Pharmaceutical Industries (NASDAQ:TEVA) shares have crossed bullishly above their 10-day moving average of $53.51 on a volume of 456K 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, Teva Pharmaceutical Industries share prices have been bracketed by a low of $48.01 and a high of $72.31 and are now at $53.66, 12% above that low price. The 200-day and 50-day moving averages have moved 0.32% lower and 0.47% lower over the past week, respectively.
SmarTrend is tracking the current trend status for Teva Pharmaceutical Industries and will alert subscribers who have TEVA in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Teva Pharmaceutical Industries