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Mirati Therapeut Crosses Above its 10-day MA (MRTX)

By Shiri Gupta

Mirati Therapeut (NASDAQ:MRTX) shares have crossed bullishly above their 10-day moving average of $99.12 on a volume of 271K 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.

Mirati Therapeut share prices have moved between a 52-week high of $106.11 and a 52-week low of $24.65 and are now trading 314% above that low price at $102.00 per share. The 200-day and 50-day moving averages have moved 1.11% higher and 2.35% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Mirati Therapeut on May 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $65.40. Since that recommendation, shares of Mirati Therapeut have risen 50.6%. We continue to monitor MRTX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses mirati therapeut

Ticker(s): MRTX