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Alnylam Pharmace Crosses Below its 10-day MA (ALNY)

By Nick Russo

Alnylam Pharmace (NASDAQ:ALNY) shares have crossed bearishly below their 10-day moving average of $87.11 on a volume of 261K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Alnylam Pharmace has traded in a range of $60.27 to $96.08 and is now at $84.75, 41% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has remained constant.

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

Keywords: moving crosses alnylam pharmace

Ticker(s): ALNY