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Allergan Plc Crosses Above its 10-day MA (AGN)

By James Quinn

Today, shares of Allergan Plc (NYSE:AGN) have crossed bullishly above their 10-day moving average of $164.49 on a volume of 251K 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.

Over the past year, Allergan Plc has traded in a range of $142.81 to $261.27 and is now at $165.15, 16% above that low. Over the past week, 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 Plc and will alert subscribers who have AGN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses allergan plc

Ticker(s): AGN