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Ocular Therapeut Crosses Above its 10-day MA (OCUL)

By Amy Schwartz

Today, shares of Ocular Therapeut (NASDAQ:OCUL) have crossed bullishly above their 10-day moving average of $6.41 on a volume of 179K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Ocular Therapeut share prices have been bracketed by a low of $3.30 and a high of $11.91 and are now at $6.54, 98% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.2%.

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

Keywords: moving crosses ocular therapeut

Ticker(s): OCUL