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Bullish Moving Average Cross by Radius Health In (RDUS)

By James Quinn

Today, shares of Radius Health In (NASDAQ:RDUS) have advanced above their 10-day MA of $18.87 on a volume of 109K 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.

In the past 52 weeks, shares of Radius Health In have traded between a low of $12.81 and a high of $41.16 and are now at $19.04, which is 49% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has slid 1%.

SmarTrend recommended that subscribers consider buying shares of Radius Health In on January 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $16.87. Since that recommendation, shares of Radius Health In have risen 10.7%. We continue to monitor RDUS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses radius health in

Ticker(s): RDUS