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Neurocrine Biosciences Crosses Below its 10-day MA (NBIX)

By David Diaz

Today, shares of Neurocrine Biosciences (NASDAQ:NBIX) have fallen below their 10-day MA of $46.17 on a volume of 209K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Neurocrine Biosciences have traded between a low of $31.25 and a high of $58.46 and are now at $45.16, which is 45% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has slid 0.4%.

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

Ticker(s): NBIX