• Return to Headlines

Xencor Inc Crosses Below its 10-day MA (XNCR)

By Amy Schwartz

Xencor Inc (NASDAQ:XNCR) shares have crossed bearishly below their 10-day moving average of $31.85 on a volume of 1.4 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Xencor Inc share prices have moved between a 52-week high of $34.63 and a 52-week low of $12.51 and are now trading 140% above that low price at $29.98 per share. Over the past week, the 200-day moving average (MA) has gone down 1.8% while the 50-day MA has advanced 0.3%.

SmarTrend recommended that subscribers consider buying shares of Xencor Inc on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $24.40. Since that recommendation, shares of Xencor Inc have risen 32.2%. We continue to monitor XNCR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses xencor inc

Ticker(s): XNCR