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Zendesk Inc Crosses Above its 10-day MA (ZEN)

By Shiri Gupta

Today, shares of Zendesk Inc (NYSE:ZEN) have crossed bullishly above their 10-day moving average of $89.58 on a volume of 188K 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 Zendesk Inc have traded between a low of $45.60 and a high of $93.19 and are now at $90.36, which is 98% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.7%.

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

Keywords: moving crosses zendesk inc

Ticker(s): ZEN