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Heron Therapeuti Bearish Moving Average Crossover Alert (HRTX)

By Shiri Gupta

Today, shares of Heron Therapeuti (NASDAQ:HRTX) have crossed bearishly below their 10-day moving average of $23.91 on a volume of 141K 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.

In the past 52 weeks, Heron Therapeuti share prices have been bracketed by a low of $21.25 and a high of $42.90 and are now at $23.55, 11% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.5%.

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

Keywords: moving crosses heron therapeuti

Ticker(s): HRTX