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Vertex Pharm Crosses Above its 10-day MA (VRTX)

By James Quinn

Vertex Pharm (NASDAQ:VRTX) crossed over its 10-day moving average of $169.54 on a volume of 109K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Vertex Pharm share prices have been bracketed by a low of $144.07 and a high of $195.81 and are now at $170.56, 18% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.

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

Keywords: moving crosses vertex pharm

Ticker(s): VRTX