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Amphastar Pharma Bearish Moving Average Crossover Alert (AMPH)

By David Diaz

Today, shares of Amphastar Pharma (NASDAQ:AMPH) have fallen below their 10-day MA of $16.29 on a volume of 122K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Amphastar Pharma has traded in a range of $14.40 to $20.45 and is now at $16.05, 11% above that low. The 200-day and 50-day moving averages have moved 0.07% higher and 1.23% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Amphastar Pharma and will alert subscribers who have AMPH in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amphastar pharma

Ticker(s): AMPH