Allergan Bullish Moving Average Crossover Alert (AGN)
Allergan (NYSE:AGN) shares have crossed bullishly above their 10-day moving average of $239.21 on a volume of 575K 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.
In the past 52 weeks, shares of Allergan have traded between a low of $195.50 and a high of $340.34 and are now at $239.45, which is 22% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 2.1%.
SmarTrend is tracking the current trend status for Allergan and will alert subscribers who have AGN in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Allergan