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Array Biopharma Bullish Moving Average Crossover Alert (ARRY)

By Nick Russo

Array Biopharma (NASDAQ:ARRY) shares have crossed bullishly above their 10-day moving average of $14.22 on a volume of 542K 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.

Array Biopharma share prices have moved between a 52-week high of $20.21 and a 52-week low of $9.60 and are now trading 51% above that low price at $14.54 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.4% while the 200-day MA has risen 0.3%.

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

Keywords: moving crosses Array BioPharma

Ticker(s): ARRY