• Return to Headlines

Opko Health Crosses Below its 10-day MA (OPK)

By Shiri Gupta

Today, shares of Opko Health (NYSE:OPK) have crossed bearishly below their 10-day moving average of $10.24 on a volume of 947K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Opko Health share prices have moved between a 52-week high of $19.20 and a 52-week low of $7.12 and are now trading 41% above that low price at $10.06 per share. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has advanced 0.9%.

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

Keywords: moving crosses opko health

Ticker(s): OPK