• Return to Headlines

Alkermes Plc Bullish Moving Average Crossover Alert (ALKS)

By James Quinn

Today, shares of Alkermes Plc (NASDAQ:ALKS) have crossed bullishly above their 10-day moving average of $41.01 on a volume of 212K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Alkermes Plc has traded in a range of $37.01 to $71.22 and is now at $41.67, 13% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.6%.

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

Keywords: moving crosses alkermes plc

Ticker(s): ALKS