Bullish Two Hundred Day Moving Average Cross - MDCO

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In trading on Tuesday, shares of Medicines Co (Symbol: MDCO) crossed above their 200 day moving average of $32.06, changing hands as high as $32.16 per share. Medicines Co shares are currently trading up about 4.5% on the day. The chart below shows the one year performance of MDCO shares, versus its 200 day moving average: Medicines Co 200 Day Moving Average Chart

Looking at the chart above, MDCO's low point in its 52 week range is $24.45 per share, with $47.90 as the 52 week high point - that compares with a last trade of $32.12.

According to the ETF Finder at ETF Channel, MDCO makes up 3.31% of the SPDR S&P Pharmaceuticals ETF (Symbol: XPH) which is trading lower by about 0.1% on the day Tuesday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing
Referenced Symbols: MDCO , XPH

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