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Epizyme Inc Crosses Below its 10-day MA (EPZM)

By Amy Schwartz

Today, shares of Epizyme Inc (NASDAQ:EPZM) have fallen below their 10-day MA of $10.14 on a volume of 229K 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.

Epizyme Inc share prices have moved between a 52-week high of $21.40 and a 52-week low of $8.61 and are now trading 16% above that low price at $10.00 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Epizyme Inc on June 15th, 2018 by issuing a Downtrend alert when the shares were trading at $15.43. Since that call, shares of Epizyme Inc have fallen 33.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses epizyme inc

Ticker(s): EPZM