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Bullish Moving Average Cross by Tandem Diabetes (TNDM)

By Shiri Gupta

Today, shares of Tandem Diabetes (NASDAQ:TNDM) have advanced above their 10-day MA of $64.29 on a volume of 217K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Tandem Diabetes has traded in a range of $24.03 to $74.81 and is now at $65.21, 171% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has declined 0.3%.

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