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Bullish Moving Average Cross by Quidel Corp (QDEL)

By David Diaz

Quidel Corp (NASDAQ:QDEL) crossed over its 10-day moving average of $48.49 on a volume of 127K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Quidel Corp have traded between a low of $16.63 and a high of $50.24 and are now at $50.00, which is 201% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has advanced 0.7%.

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

Keywords: moving crosses quidel corp

Ticker(s): QDEL