Illumina Crosses Below its 10-day MA (ILMN)
Illumina (NASDAQ:ILMN) shares have crossed bearishly below their 10-day moving average of $139.64 on a volume of 115K 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 Illumina have traded between a low of $25.57 and a high of $242.37 and are now at $138.37, which is 441% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has declined 0.8%.
SmarTrend is tracking the current trend status for Illumina and will alert subscribers who have ILMN in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses illumina