SmarTrend identified a Downtrend for AMAG Pharmaceuticals (NASDAQ:AMAG) on October 22nd, 2012 at $16.36. In approximately 2 months, AMAG Pharmaceuticals has returned 9.94% as of today's recent price of $14.73.

In the past 52 weeks, shares of AMAG Pharmaceuticals have traded between a low of $12.43 and a high of $19.62 and are now at $14.73, which is 19% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has remained constant.

AMAG Pharmaceuticals, Inc., a biopharmaceutical company, utilizes its proprietary nanoparticle technology for the development and commercialization of therapeutic iron compounds to treat anemia and novel imaging agents to aid in the diagnosis of cancer and cardiovascular disease.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of AMAG Pharmaceuticals.

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