• Return to Headlines

Exelixis Inc Crosses Below its 10-day MA (EXEL)

By Shiri Gupta

Today, shares of Exelixis Inc (NASDAQ:EXEL) have fallen below their 10-day MA of $16.77 on a volume of 2.2 million shares. Swing traders may find 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 Exelixis Inc have traded between a low of $13.42 and a high of $25.31 and are now at $15.77, which is 18% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 0.3%.

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

Keywords: moving crosses exelixis inc

Ticker(s): EXEL