• Return to Headlines

Gilead Sciences Bullish Moving Average Crossover Alert (GILD)

By Amy Schwartz

Gilead Sciences (NASDAQ:GILD) shares have crossed bullishly above their 10-day moving average of $74.16 on a volume of 882K 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, Gilead Sciences share prices have been bracketed by a low of $63.76 and a high of $89.54 and are now at $74.49, 17% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend is monitoring the recent change of momentum in Gilead Sciences. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Gilead Sciences in search of a potential trend change.

Keywords: moving crosses Gilead Sciences

Ticker(s): GILD