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Zoetis Inc Bearish Moving Average Crossover Alert (ZTS)

By James Quinn

Zoetis Inc (NYSE:ZTS) crossed under its 10-day moving average of $112.45 on a volume of 234K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Zoetis Inc share prices have moved between a 52-week high of $115.54 and a 52-week low of $78.90 and are now trading 42% above that low price at $112.06 per share. The 200-day and 50-day moving averages have moved 0.38% higher and 0.69% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Zoetis Inc on May 3rd, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $102.59. Since that recommendation, shares of Zoetis Inc have risen 11.0%. We continue to monitor ZTS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses zoetis inc

Ticker(s): ZTS