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Alexion Pharm Bullish Moving Average Crossover Alert (ALXN)

By James Quinn

Today, shares of Alexion Pharm (NASDAQ:ALXN) have advanced above their 10-day MA of $117.74 on a volume of 149K 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, shares of Alexion Pharm have traded between a low of $92.56 and a high of $141.86 and are now at $118.42, which is 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Alexion Pharm on April 17th, 2019 by issuing a Downtrend alert when the shares were trading at $131.09. Since that call, shares of Alexion Pharm have fallen 10.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses alexion pharm

Ticker(s): ALXN