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

By Shiri Gupta

Today, shares of Pacira Pharmaceu (NASDAQ:PCRX) have crossed bullishly above their 10-day moving average of $34.81 on a volume of 149K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Pacira Pharmaceu has traded in a range of $26.95 to $51.10 and is now at $35.55, 32% above that low. The 200-day and 50-day moving averages have moved 0.1% lower and 0.56% higher over the past week, respectively.

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