Vocus (NASDAQ:VOCS) shares have crossed bearishly below their 10-day moving average of $17.12 on a volume of 735K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Vocus (NASDAQ:VOCS) has potential upside of 70.1% based on a current price of $14.58 and analysts' consensus price target of $24.80. The stock should find initial resistance at its 50-day moving average (MA) of $16.88 and further resistance at its 200-day MA of $17.17.
Vocus, Inc. provides web-based software for public relations automation.
In the past 52 weeks, Vocus share prices have been bracketed by a low of $11.95 and a high of $24.60 and are now at $14.58, 22% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.3%.