Surprising Price Movement Found In (NASDAQ: ALXN)

NASDAQ (NASDAQ: ALXN): traded higher by 18.43% or $18.697/share to $120.14. In the past year, the shares have traded as low as $81.82 and as high as $119.54. On average, 1454610 shares of ALXN exchange hands on a given day and today's volume is recorded at 2051868. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $94.8823 area.