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SmarTrend Watching for Potential Pullback in Shares of Dentsply Sirona After 1.37% Gain

By Nick Russo

Dentsply Sirona (NASDAQ:XRAY) traded in a range yesterday that spanned from a low of $59.34 to a high of $59.59. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $59.08 on volume of 308,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Dentsply Sirona on October 11th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $54.37. Since that recommendation, shares of Dentsply Sirona have risen 8.7%. We continue to monitor XRAY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Dentsply Sirona share prices have moved between a 52-week high of $60.15 and a 52-week low of $39.59 and are now trading 51% above that low price at $59.81 per share. The 200-day and 50-day moving averages have moved 0.25% higher and 0.37% higher over the past week, respectively.

Keywords: rebounders dentsply sirona

Ticker(s): XRAY