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Esperion Therapeutics Inc (ESPR): Price Now Near $10.49; Daily Chart Shows Downtrend on 50 Day Basis

The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment -- meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The post Esperion Therapeutics Inc (ESPR): Price Now Near $10.49; Daily Chart Shows Downtrend on 50 Day Basis appeared first on ETF Daily News. ...

The Hourly View for ESPR

Currently, ESPR (Get Ratings)’s price is down $-0.04 (-0.33%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Out of Pharmaceutical Products stocks, ESPR ranks 77th in regards to today’s price percentage change.

ESPR’s Technical Outlook on the Daily Chart

At the moment, ESPR’s price is up $0.35 (3.45%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as ESPR has now gone down 8 of the past 10 days. Regarding the trend, note that the strongest trend exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. Esperion Therapeutics Inc’s price action over the past 90 days can be seen via the chart below.

ESPR

<ESPR's volume of shares traded is 68833; this is 90.73% lower than that of its 7 day average.

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ESPR: Daily RSI Analysis

  • For ESPR, its RSI is now at 81.4815.
  • ESPR and RSI may be exhibiting divergent trends. This may be something to monitor.

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The post Esperion Therapeutics Inc (ESPR): Price Now Near $10.49; Daily Chart Shows Downtrend on 50 Day Basis appeared first on ETF Daily News.

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