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Alexion Pharmaceuticals Crosses Above its 10-day MA (ALXN)

By Nick Russo

Alexion Pharmaceuticals (NASDAQ:ALXN) shares have crossed bullishly above their 10-day moving average of $124.79 on a volume of 277K 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.

Alexion Pharmaceuticals share prices have moved between a 52-week high of $208.88 and a 52-week low of $110.56 and are now trading 14% above that low price at $125.67 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has remained constant.

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

Keywords: moving crosses alexion pharmaceuticals

Ticker(s): ALXN