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Zoetis Inc Crosses Above its 10-day MA (ZTS)

By David Diaz

Today, shares of Zoetis Inc (NYSE:ZTS) have crossed bullishly above their 10-day moving average of $114.05 on a volume of 222K 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.

Zoetis Inc share prices have moved between a 52-week high of $115.63 and a 52-week low of $78.90 and are now trading 45% above that low price at $114.36 per share. The 200-day and 50-day moving averages have moved 0.37% higher and 0.59% 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 10.6%. 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