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MRX Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Monday, July 16, 4:47 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Monday, shares of Medicis Pharmaceutical Corp. (MRX) crossed above their 200 day moving average of $35.31, changing hands as high as $35.44 per share. Medicis Pharmaceutical Corp. shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of MRX shares, versus its 200 day moving average:

Medicis Pharmaceutical Corp. 200 Day Moving Average Chart

Looking at the chart above, MRX's low point in its 52 week range is $29.76 per share, with $40.10 as the 52 week high point — that compares with a last trade of $35.08.


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According to the ETF Finder at ETF Channel, MRX makes up 4.05% of the SPDR S&P Pharmaceuticals ETF (AMEX:XPH) which is trading higher by about 1.9% on the day Monday.

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