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Puma Biotechnolo Crosses Above its 10-day MA (PBYI)

By David Diaz

Today, shares of Puma Biotechnolo (NASDAQ:PBYI) have advanced above their 10-day MA of $75.61 on a volume of 152K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Puma Biotechnolo share prices have moved between a 52-week high of $136.90 and a 52-week low of $27.64 and are now trading 176% above that low price at $76.15 per share. The 200-day and 50-day moving averages have moved 2.3% lower and 3.93% lower over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Puma Biotechnolo on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $67.86. Since that recommendation, shares of Puma Biotechnolo have risen 8.7%. We continue to monitor PBYI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses puma biotechnolo

Ticker(s): PBYI