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Adamas Pharmaceu Bearish Moving Average Crossover Alert (ADMS)

By Nick Russo

Adamas Pharmaceu (NASDAQ:ADMS) shares have crossed bearishly below their 10-day moving average of $26.05 on a volume of 396K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Adamas Pharmaceu has traded in a range of $12.10 to $44.00 and is now at $25.31, 109% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 1.3%.

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

Keywords: moving crosses adamas pharmaceu

Ticker(s): ADMS