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Insmed Inc Down 40.6% Since SmarTrend Downtrend Call (INSM)

By Nick Russo

SmarTrend identified a Downtrend for Insmed Inc (NASDAQ:INSM) on May 21st, 2019 at $26.27. In approximately 3 months, Insmed Inc has returned 40.61% as of today's recent price of $15.60.

Insmed Inc share prices have moved between a 52-week high of $33.13 and a 52-week low of $11.31 and are now trading 38% above that low price at $15.61 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 2.1%.

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