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Insmed Inc Crosses Above its 10-day MA (INSM)

By Amy Schwartz

Today, shares of Insmed Inc (NASDAQ:INSM) have crossed bullishly above their 10-day moving average of $25.12 on a volume of 124K 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, Insmed Inc share prices have been bracketed by a low of $9.02 and a high of $33.94 and are now at $25.35, 181% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.6% while the 50-day MA has declined 0.8%.

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

Keywords: moving crosses insmed inc

Ticker(s): INSM