• Return to Headlines

Cara Therapeutic Crosses Above its 10-day MA (CARA)

By Nick Russo

Today, shares of Cara Therapeutic (NASDAQ:CARA) have advanced above their 10-day MA of $19.97 on a volume of 105K 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 Cara Therapeutic have traded between a low of $12.19 and a high of $24.30 and are now at $20.08, which is 65% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.

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

Keywords: moving crosses cara therapeutic

Ticker(s): CARA