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Vanda Pharmaceut Crosses Above its 10-day MA (VNDA)

By Amy Schwartz

Today, shares of Vanda Pharmaceut (NASDAQ:VNDA) have advanced above their 10-day MA of $16.76 on a volume of 138K 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.

Vanda Pharmaceut share prices have moved between a 52-week high of $20.40 and a 52-week low of $11.90 and are now trading 44% above that low price at $17.10 per share. The 200-day and 50-day moving averages have moved 0.07% higher and 1.13% lower over the past week, respectively.

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

Keywords: moving crosses vanda pharmaceut

Ticker(s): VNDA