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Alnylam Pharmaceuticals Crosses Above its 10-day MA (ALNY)

By David Diaz

Today, shares of Alnylam Pharmaceuticals (NASDAQ:ALNY) have advanced above their 10-day MA of $49.37 on a volume of 131K 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, Alnylam Pharmaceuticals share prices have been bracketed by a low of $31.38 and a high of $140.00 and are now at $50.49, 61% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.7% while the 50-day MA has remained constant.

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

Keywords: moving crosses alnylam pharmaceuticals

Ticker(s): ALNY