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Insmed Inc Down 20.3% Since SmarTrend Downtrend Call (INSM)

By Amy Schwartz

SmarTrend identified a Downtrend for Insmed Inc (NASDAQ:INSM) on August 2nd, 2017 at $15.57. In approximately 4 weeks, Insmed Inc has returned 20.27% as of today's recent price of $12.41.

Insmed Inc share prices have moved between a 52-week high of $19.35 and a 52-week low of $9.02 and are now trading 38% above that low price at $12.41 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1.6% while the 50-day MA has declined 0.8%.

Insmed, Inc. is a biopharmaceutical company focused on developing and commercializing novel, targeted inhaled therapies for patients with high unmet need battling serious orphan lung diseases.

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

Log in and add Insmed Inc (INSM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights insmed inc

Ticker(s): INSM