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Bullish Moving Average Cross by Alexion Pharm (ALXN)

By David Diaz

Alexion Pharm (NASDAQ:ALXN) shares have crossed bullishly above their 10-day moving average of $133.46 on a volume of 106K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Alexion Pharm share prices have moved between a 52-week high of $141.86 and a 52-week low of $92.56 and are now trading 46% above that low price at $134.68 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

SmarTrend is tracking the current trend status for Alexion Pharm and will alert subscribers who have ALXN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses alexion pharm

Ticker(s): ALXN