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Ultragenyx Pharm Bullish Moving Average Crossover Alert (RARE)

By Nick Russo

Today, shares of Ultragenyx Pharm (NASDAQ:RARE) have crossed bullishly above their 10-day moving average of $84.10 on a volume of 159K 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.

In the past 52 weeks, shares of Ultragenyx Pharm have traded between a low of $41.67 and a high of $91.34 and are now at $84.56, which is 103% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 3.1%.

SmarTrend is monitoring the recent change of momentum in Ultragenyx Pharm. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ultragenyx Pharm in search of a potential trend change.

Keywords: moving crosses ultragenyx pharm

Ticker(s): RARE