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Medivation Bullish Moving Average Crossover Alert (MDVN)

By Nick Russo

Today, shares of Medivation (NASDAQ:MDVN) have crossed bullishly above their 10-day moving average of $63.56 on a volume of 482K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Medivation share prices have moved between a 52-week high of $70.79 and a 52-week low of $26.41 and are now trading 141% above that low price at $63.77 per share. The 200-day and 50-day moving averages have moved 0.12% higher and 4.93% higher over the past week, respectively.

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

Keywords: moving crosses Medivation

Ticker(s): MDVN