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Xerox (XRX) Approaches New Upside Target of $9.75

By Shiri Gupta

Shares of Xerox (NYSE:XRX) have bullishly opened above the pivot of $9.62 today and have reached the first resistance level of $9.66. Investors may be interested in a cross of the next upside pivot targets of $9.75 and $9.88.

Xerox share prices have moved between a 52-week high of $11.86 and the current low of $0.00 and are currently at $0.00 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has remained constant.

Xerox (NYSE:XRX) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $12.15. The stock should find initial resistance at its 200-day moving average (MA) of $10.20 and further resistance at its 50-day MA of $10.52.

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

Keywords: pivot alerts xerox

Ticker(s): XRX