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Zoetis (ZTS) Just Flashed Golden Cross Signal: Do You Buy?
ZTSZoetis(ZTS) ZACKS·2024-08-07 14:36

Group 1 - Zoetis (ZTS) has surpassed resistance at the 20-day moving average, indicating a short-term bullish trend [1] - The stock has rallied 6.3% over the past four weeks, suggesting potential for further gains [3] - Positive earnings estimate revisions have occurred, with one revision higher for the current fiscal year and none lower, leading to an upward movement in the consensus estimate [3] Group 2 - The 20-day simple moving average is a favored tool among traders, providing insights into short-term price trends and trend reversals [1] - The combination of technical indicators and earnings estimate revisions positions ZTS favorably for potential upward movement [3]