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Bearish Moving Average Cross by Perkinelmer Inc (PKI)

By Amy Schwartz

Today, shares of Perkinelmer Inc (NYSE:PKI) have fallen below their 10-day MA of $85.25 on a volume of 103K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Perkinelmer Inc share prices have moved between a 52-week high of $103.00 and a 52-week low of $71.83 and are now trading 15% above that low price at $82.75 per share. The 200-day and 50-day moving averages have moved 0.09% higher and 0.38% higher over the past week, respectively.

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

Keywords: moving crosses perkinelmer inc

Ticker(s): PKI