• Return to Headlines

Bullish Moving Average Cross by Tandem Diabetes (TNDM)

By Amy Schwartz

Tandem Diabetes (NASDAQ:TNDM) shares have crossed bullishly above their 10-day moving average of $45.01 on a volume of 2.6 million 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.

In the past 52 weeks, shares of Tandem Diabetes have traded between a low of $0.56 and a high of $52.55 and are now at $48.88, which is 8,629% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 3.2% while the 200-day MA has risen 4.2%.

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

Keywords: moving crosses tandem diabetes

Ticker(s): TNDM