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Shares of MYGN Down 26.9% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Myriad Genetics (NASDAQ:MYGN) on October 8th, 2018 at $42.84. In approximately 2 months, Myriad Genetics has returned 26.91% as of today's recent price of $31.31.

Myriad Genetics share prices have moved between a 52-week high of $50.01 and a 52-week low of $15.15 and are now trading 107% above that low price at $31.31 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.2% while the 200-day MA has remained constant.

Myriad Genetics, Inc. develops and markets molecular diagnostic products to provide physicians with information to help guide the care of their patients, to prevent disease, delay the onset of disease, or catch disease at an early stage.

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

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

Keywords: spotlights myriad genetics

Ticker(s): MYGN