Nektar Therapeutics Crosses Above its 10-day MA (NKTR)
Nektar Therapeutics (NASDAQ:NKTR) shares have crossed bullishly above their 10-day moving average of $15.27 on a volume of 863K 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.
In the past 52 weeks, shares of Nektar Therapeutics have traded between a low of $9.16 and a high of $17.55 and are now at $15.40, which is 68% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 2.1%.
SmarTrend is tracking the current trend status for Nektar Therapeutics and will alert subscribers who have NKTR in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses nektar therapeutics