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Clovis Oncology Crosses Below its 10-day MA (CLVS)

By Amy Schwartz

Clovis Oncology (NASDAQ:CLVS) crossed under its 10-day moving average of $57.12 on a volume of 545K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Clovis Oncology have traded between a low of $11.57 and a high of $99.45 and are now at $55.71, which is 382% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 2.8% while the 50-day MA has declined 2%.

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

Keywords: moving crosses clovis oncology

Ticker(s): CLVS