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Bullish Moving Average Cross by Celldex Therapeutics (CLDX)

By Nick Russo

Today, shares of Celldex Therapeutics (NASDAQ:CLDX) have crossed bullishly above their 10-day moving average of $27.08 on a volume of 647K 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.

Over the past year, Celldex Therapeutics has traded in a range of $10.76 to $32.82 and is now at $27.79, 158% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.7%.

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

Keywords: moving crosses celldex therapeutics

Ticker(s): CLDX