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Myriad Genetics Crosses Below its 10-day MA (MYGN)

Written on Thu, 01/10/2013 - 12:38pm
By Shiri Gupta

Today, shares of Myriad Genetics (NASDAQ:MYGN) have fallen below their 10-day MA of $26.88 on a volume of 287K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Myriad Genetics share prices have moved between a 52-week high of $31.80 and a 52-week low of $17.51 and are now trading 52% above that low price at $26.68 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.2%.

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

Keywords: moving crosses myriad genetics

Ticker(s): MYGN

Contact Shiri Gupta



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