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Intercept Pharma Crosses Above its 10-day MA (ICPT)

By Nick Russo

Intercept Pharma (NASDAQ:ICPT) crossed over its 10-day moving average of $62.58 on a volume of 116K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Intercept Pharma has traded in a range of $47.57 to $125.00 and is now at $62.85, 32% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.8% while the 200-day MA has slid 0.5%.

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

Keywords: moving crosses intercept pharma

Ticker(s): ICPT