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Pdc Energy Inc Crosses Above its 10-day MA (PDCE)

By Shiri Gupta

Pdc Energy Inc (NASDAQ:PDCE) crossed over its 10-day moving average of $6.78 on a volume of 476K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Pdc Energy Inc share prices have moved between a 52-week high of $47.29 and a 52-week low of $4.51 and are now trading 75% above that low price at $7.88 per share. Over the last five market days, the 200-day moving average (MA) has gone down 2.1% while the 50-day MA has declined 7.8%.

SmarTrend is monitoring the recent change of momentum in Pdc Energy Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Pdc Energy Inc in search of a potential trend change.

Keywords: moving crosses pdc energy inc

Ticker(s): PDCE