• Return to Headlines

Jazz Pharmaceuticals Bullish Moving Average Crossover Alert (JAZZ)

By Shiri Gupta

Today, shares of Jazz Pharmaceuticals (NASDAQ:JAZZ) have advanced above their 10-day MA of $121.47 on a volume of 122K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Jazz Pharmaceuticals has traded in a range of $108.50 to $194.73 and is now at $122.29, 13% above that low. The 200-day and 50-day moving averages have moved 0.47% lower and 1.61% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Jazz Pharmaceuticals on August 12th, 2016 by issuing a Downtrend alert when the shares were trading at $137.28. Since that call, shares of Jazz Pharmaceuticals have fallen 12.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses jazz pharmaceuticals

Ticker(s): JAZZ