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Dynavax Technolo Crosses Below its 10-day MA (DVAX)

By James Quinn

Dynavax Technolo (NASDAQ:DVAX) crossed under its 10-day moving average of $19.50 on a volume of 354K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Dynavax Technolo share prices have been bracketed by a low of $3.20 and a high of $24.45 and are now at $19.00, 494% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.5% while the 200-day MA has slid 1.1%.

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

Keywords: moving crosses dynavax technolo

Ticker(s): DVAX