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Illumina Inc Bullish Moving Average Crossover Alert (ILMN)

By Amy Schwartz

Today, shares of Illumina Inc (NASDAQ:ILMN) have crossed bullishly above their 10-day moving average of $309.55 on a volume of 220K 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.

Illumina Inc share prices have moved between a 52-week high of $372.61 and a 52-week low of $207.51 and are now trading 49% above that low price at $309.77 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.

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

Keywords: moving crosses illumina inc

Ticker(s): ILMN