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Bullish Moving Average Cross by Allergan Plc (AGN)

By Shiri Gupta

Today, shares of Allergan Plc (NYSE:AGN) have crossed bullishly above their 10-day moving average of $138.26 on a volume of 244K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Allergan Plc share prices have moved between a 52-week high of $197.00 and a 52-week low of $125.84 and are now trading 10% above that low price at $138.68 per share. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.2%.

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

Keywords: moving crosses allergan plc

Ticker(s): AGN