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Sarepta Therapeu Bullish Moving Average Crossover Alert (SRPT)

By James Quinn

Sarepta Therapeu (NASDAQ:SRPT) shares have crossed bullishly above their 10-day moving average of $122.49 on a volume of 204K 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.

Over the past year, Sarepta Therapeu has traded in a range of $74.51 to $176.50 and is now at $123.91, 66% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.8%.

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

Keywords: moving crosses sarepta therapeu

Ticker(s): SRPT