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Acadia Pharmaceuticals Crosses Below its 10-day MA (ACAD)

By James Quinn

Today, shares of Acadia Pharmaceuticals (NASDAQ:ACAD) have fallen below their 10-day MA of $34.45 on a volume of 258K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Acadia Pharmaceuticals share prices have moved between a 52-week high of $51.99 and a 52-week low of $16.64 and are now trading 106% above that low price at $34.28 per share. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has advanced 3.1%.

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

Keywords: moving crosses acadia pharmaceuticals

Ticker(s): ACAD