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Acadia Pharmaceu Bullish Moving Average Crossover Alert (ACAD)

By Amy Schwartz

Acadia Pharmaceu (NASDAQ:ACAD) shares have crossed bullishly above their 10-day moving average of $17.07 on a volume of 533K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Acadia Pharmaceu has traded in a range of $14.51 to $41.20 and is now at $17.60, 21% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 1.2%.

SmarTrend is tracking the current trend status for Acadia Pharmaceu and will alert subscribers who have ACAD in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses acadia pharmaceu

Ticker(s): ACAD