Neurocrine Biosciences Bearish Moving Average Crossover Alert (NBIX)
Neurocrine Biosciences (NASDAQ:NBIX) crossed under its 10-day moving average of $44.75 on a volume of 121K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Neurocrine Biosciences share prices have moved between a 52-week high of $58.46 and a 52-week low of $31.25 and are now trading 40% above that low price at $43.65 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.5%.
SmarTrend is monitoring the recent change of momentum in Neurocrine Biosciences. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Neurocrine Biosciences in search of a potential trend change.
Keywords: moving crosses neurocrine biosciences