Bearish Moving Average Cross by Endo Pharmaceuticals (ENDP)

Today, shares of Endo Pharmaceuticals (NASDAQ:ENDP) have fallen below their 10-day MA of $34.79 on a volume of 173K 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.Endo Pharmaceuticals Holdings Inc. is a specialty pharmaceutical company with products that provide pain management. The Company researches, develops, produces, and markets both branded and generic pharmaceuticals. Endo's products include Percocet, Percodan, and Lidoderm.Over the past year, Endo Pharmaceuticals has traded in a range of $26.02 to $44.53 and is now at $34.39, 32% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has remained constant.There is potential upside of 30.1% for shares of Endo Pharmaceuticals based on a current price of $34.39 and an average consensus analyst price target of $44.73. The stock should find resistance at its 200-day moving average (MA) of $35.34, as well as support at its 50-day MA of $32.74.