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Ironwood Pharmac Bullish Moving Average Crossover Alert (IRWD)

By Shiri Gupta

Ironwood Pharmac (NASDAQ:IRWD) crossed over its 10-day moving average of $10.28 on a volume of 1.8 million 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 Ironwood Pharmac have traded between a low of $9.07 and a high of $21.20 and are now at $10.57, which is 17% above that low price. The 200-day and 50-day moving averages have moved 1.25% lower and 2.75% lower over the past week, respectively.

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

Keywords: moving crosses ironwood pharmac

Ticker(s): IRWD