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Myriad Genetics Bullish Moving Average Crossover Alert (MYGN)

By Shiri Gupta

Myriad Genetics (NASDAQ:MYGN) crossed over its 10-day moving average of $30.46 on a volume of 146K 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.

Myriad Genetics share prices have moved between a 52-week high of $41.57 and a 52-week low of $15.15 and are now trading 102% above that low price at $30.61 per share. The 200-day and 50-day moving averages have moved 0.3% lower and 0.51% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Myriad Genetics on February 5th, 2018 by issuing a Downtrend alert when the shares were trading at $35.24. Since that call, shares of Myriad Genetics have fallen 16.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses myriad genetics

Ticker(s): MYGN