• Return to Headlines

Gilead Sciences Bearish Moving Average Crossover Alert (GILD)

By Nick Russo

Today, shares of Gilead Sciences (NASDAQ:GILD) have fallen below their 10-day MA of $70.92 on a volume of 967K 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.

Gilead Sciences share prices have moved between a 52-week high of $89.54 and a 52-week low of $63.76 and are now trading 11% above that low price at $70.78 per share. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.5%.

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

Keywords: moving crosses Gilead Sciences

Ticker(s): GILD