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Biomarin Pharmac Bullish Moving Average Crossover Alert (BMRN)

By James Quinn

Today, shares of Biomarin Pharmac (NASDAQ:BMRN) have crossed bullishly above their 10-day moving average of $82.93 on a volume of 173K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Biomarin Pharmac have traded between a low of $62.88 and a high of $97.10 and are now at $83.81, which is 33% above that low price. The 200-day and 50-day moving averages have moved 0.08% higher and 0.4% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Biomarin Pharmac. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Biomarin Pharmac in search of a potential trend change.

Keywords: moving crosses biomarin pharmac

Ticker(s): BMRN