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Immunogen Inc Crosses Above its 10-day MA (IMGN)

By David Diaz

Immunogen Inc (NASDAQ:IMGN) shares have crossed bullishly above their 10-day moving average of $10.44 on a volume of 290K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Immunogen Inc have traded between a low of $1.51 and a high of $13.41 and are now at $10.55, which is 599% above that low price. The 200-day and 50-day moving averages have moved 2.25% lower and 1.15% lower over the past week, respectively.

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

Keywords: moving crosses immunogen inc

Ticker(s): IMGN