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AstraZeneca Bullish Moving Average Crossover Alert (AZN)

By David Diaz

Today, shares of AstraZeneca (NYSE:AZN) have advanced above their 10-day MA of $30.52 on a volume of 686K 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.

AstraZeneca share prices have moved between a 52-week high of $70.67 and a 52-week low of $25.55 and are now trading 20% above that low price at $30.74 per share. Over the past week, the 200-day moving average (MA) has gone down 2.4% while the 50-day MA has declined 0.2%.

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

Keywords: moving crosses AstraZeneca

Ticker(s): AZN