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Bullish Moving Average Cross by Jazz Pharmaceuticals (JAZZ)

By Amy Schwartz

Today, shares of Jazz Pharmaceuticals (NASDAQ:JAZZ) have advanced above their 10-day MA of $151.54 on a volume of 119K 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.

Jazz Pharmaceuticals share prices have moved between a 52-week high of $194.73 and a 52-week low of $95.80 and are now trading 60% above that low price at $153.46 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 1.6%.

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

Keywords: moving crosses jazz pharmaceuticals

Ticker(s): JAZZ