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Inovio Biomedical Bullish Moving Average Crossover Alert (INO)

By Amy Schwartz

Today, shares of Inovio Biomedical (AMEX:INO) have advanced above their 10-day MA of $7.66 on a volume of 1.1 million 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, shares of Inovio Biomedical have traded between a low of $4.50 and a high of $11.69 and are now at $7.88, which is 75% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 3.3%.

SmarTrend recommended that subscribers consider buying shares of Inovio Biomedical on May 12th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $7.09. Since that recommendation, shares of Inovio Biomedical have risen 4.3%. We continue to monitor INO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses amex:ino inovio biomedical

Ticker(s): INO