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Acadia Healthcare Crosses Above its 10-day MA (ACHC)

By Shiri Gupta

Today, shares of Acadia Healthcare (NASDAQ:ACHC) have advanced above their 10-day MA of $42.57 on a volume of 194K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Acadia Healthcare share prices have been bracketed by a low of $32.54 and a high of $74.77 and are now at $42.83, 32% above that low price. The 200-day and 50-day moving averages have moved 0.55% lower and 1.05% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Acadia Healthcare. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Acadia Healthcare in search of a potential trend change.

Keywords: moving crosses acadia healthcare

Ticker(s): ACHC