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PACCAR (PCAR) Crosses Pivot Point Support at $63.10

By Shiri Gupta

Shares of PACCAR (NASDAQ:PCAR) opened today below their pivot of $63.53 and have already reached the first level of support at $63.10. Should the shares continue to fall, the support pivots of $62.82 and $62.11 will be of interest.

Potential upside of 0.0% exists for PACCAR, based on a current level of $0.00 and analysts' average consensus price target of $69.94. The stock should find initial resistance at its 200-day moving average (MA) of $53.60 and further resistance at its 50-day MA of $54.62.

Over the past year, PACCARhas traded in a range of $0.00 to $70.12 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.8%.

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

Keywords: pivot alerts paccar

Ticker(s): PCAR