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Dynavax Technologies Crosses Above its 10-day MA (DVAX)

By Amy Schwartz

Today, shares of Dynavax Technologies (NASDAQ:DVAX) have advanced above their 10-day MA of $12.28 on a volume of 276K 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 Dynavax Technologies have traded between a low of $10.14 and a high of $32.49 and are now at $12.42, which is 22% above that low price. The 200-day and 50-day moving averages have moved 1.08% lower and 1.47% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Dynavax Technologies on September 2nd, 2016 by issuing a Downtrend alert when the shares were trading at $13.17. Since that call, shares of Dynavax Technologies have fallen 9.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses dynavax technologies

Ticker(s): DVAX