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Medidata Solutio Crosses Above its 10-day MA (MDSO)

By Shiri Gupta

Medidata Solutio (NASDAQ:MDSO) crossed over its 10-day moving average of $75.65 on a volume of 162K 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 Medidata Solutio have traded between a low of $59.60 and a high of $88.87 and are now at $77.30, which is 30% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.9%.

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

Keywords: moving crosses medidata solutio

Ticker(s): MDSO