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Pacira Pharmaceu Crosses Above its 10-day MA (PCRX)

By Nick Russo

Today, shares of Pacira Pharmaceu (NASDAQ:PCRX) have advanced above their 10-day MA of $34.00 on a volume of 219K shares. Swing traders may find 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 Pacira Pharmaceu have traded between a low of $26.95 and a high of $58.95 and are now at $35.00, which is 30% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1.7%.

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

Keywords: moving crosses pacira pharmaceu

Ticker(s): PCRX