MDCO Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of Medicines Co (MDCO) crossed below their 200 day moving average of $29.91, changing hands as low as $29.82 per share. Medicines Co shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of MDCO shares, versus its 200 day moving average:

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Medicines Co  200 Day Moving Average Chart

Looking at the chart above, MDCO's low point in its 52 week range is $20.04 per share, with $37.40 as the 52 week high point — that compares with a last trade of $30.24.

According to the ETF Finder at ETF Channel, MDCO makes up 3.36% of the SPDR S&P Pharmaceuticals ETF ( XPH) which is trading higher by about 0.6% on the day Tuesday.

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