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Idexx Laboratories Shares Cross Above 200-Day Moving Average

In a recent report, it has been noted that Idexx Laboratories, Inc. saw its shares cross above the 200-day moving average, indicating potential bullish momentum amid current trading. Investors may need to keep an eye on this trend.

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AI Rating:   7

Idexx Laboratories, Inc. (IDXX) has recently crossed above its 200-day moving average of $513.44, with shares reaching highs of $518.53. This upward movement of approximately 1.1% on the day suggests a positive momentum for the stock, which could attract investor interest.

Furthermore, the 52-week range analysis shows IDXX’s low point at $372.50 and a high of $583.39, positioning its current trading price of $516.53 closer to its high. This could indicate a recovery towards previous highs, which can be a strong signal for bullish investors.