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Vertex Pharm Crosses Below its 10-day MA (VRTX)

By James Quinn

Today, shares of Vertex Pharm (NASDAQ:VRTX) have fallen below their 10-day MA of $175.36 on a volume of 178K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Vertex Pharm have traded between a low of $151.80 and a high of $195.81 and are now at $173.05, which is 14% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.5%.

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

Keywords: moving crosses vertex pharm

Ticker(s): VRTX