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Spark Therapeuti Bearish Moving Average Crossover Alert (ONCE)

By David Diaz

Today, shares of Spark Therapeuti (NASDAQ:ONCE) have fallen below their 10-day MA of $88.33 on a volume of 104K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Spark Therapeuti share prices have moved between a 52-week high of $96.59 and a 52-week low of $35.07 and are now trading 149% above that low price at $87.25 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.3%.

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

Keywords: moving crosses spark therapeuti

Ticker(s): ONCE