Medivation Breaks Below 200-Day Moving Average - Notable For MDVN

In trading on Wednesday, shares of Medivation Inc ( MDVN) crossed below their 200 day moving average of $51.11, changing hands as low as $51.05 per share. Medivation Inc shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of MDVN shares, versus its 200 day moving average:

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Medivation Inc 200 Day Moving Average Chart

Looking at the chart above, MDVN's low point in its 52 week range is $37.33 per share, with $59.24 as the 52 week high point — that compares with a last trade of $51.19.

According to the ETF Finder at ETF Channel, MDVN makes up 2.31% of the SPDR S&P Biotech ETF ( XBI) which is trading lower by about 2.5% on the day Wednesday.
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