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

By James Quinn

Myriad Genetics (NASDAQ:MYGN) shares have crossed bearishly below their 10-day moving average of $37.02 on a volume of 267K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Myriad Genetics has traded in a range of $17.51 to $42.50 and is now at $36.92, 111% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.5%.

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