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Zendesk Inc Crosses Above its 10-day MA (ZEN)

By Amy Schwartz

Zendesk Inc (NYSE:ZEN) shares have crossed bullishly above their 10-day moving average of $72.57 on a volume of 902K 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.

In the past 52 weeks, Zendesk Inc share prices have been bracketed by a low of $45.60 and a high of $94.79 and are now at $72.85, 60% above that low price. The 200-day and 50-day moving averages have moved 0.32% higher and 0.82% lower over the past week, respectively.

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

Keywords: moving crosses zendesk inc

Ticker(s): ZEN