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Technical Analysis
- 8/31/2009 1:16:18 PM
By Chip Brian, SmarTrend Analytics Team
Alexion Pharmaceuticals (NASDAQ:ALXN) is trading 0.4% higher (up $0.19 to $44.84) today on volume of 170,404 shares. The stock is trading near its 52-week high of $46.77. We are watching for a close above that level.
Alexion Pharmaceuticals is currently above its 50-day moving average of $41.36 and above its 200-day moving average of $37.10.
SmarTrend is bullish on shares of ALXN and our subscribers received an Uptrend alert on July 23, 2009 at $40.31, which has returned 11.2% to date.
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