Re: Farmas USA
THRESHOLD PHARMACEUTICALS (NASDAQ:THLD) Weak Uptrend
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, THLD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
-15 New 3 Day Low on Thursday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, May 30th
+30 New 3 Month High on February 3
+65 Total Score
Open High Low THLD Price Change
7.120 7.270 6.910 7.175 +0.035
ARENA PHARMACEUTICALS (NASDAQ:ARNA) Sidelines Mode
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
Based on a pre-defined weighted trend formula for chart analysis, ARNA scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
-15 New 3 Day Low on Wednesday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, May 8th
+30 New 3 Month High on December 2
+55 Total Score
Open High Low ARNA Price Change
9.770 9.850 9.370 9.515 -0.135
NAVIDEA (AMEX:NAVB) Strong Uptrend
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend formula for chart analysis, NAVB scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Wednesday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, June 13th
+30 New 3 Month High on January 30
+100 Total Score
Open High Low NAVB Price Change
4.59 4.67 4.51 4.65 +0.11
ACHILLION PHARMACEUTICALS (NASDAQ:ACHN) Downtrend
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, ACHN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
-15 New 3 Day Low on Friday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, July 5th
-30 New 3 Month Low on April 19
-75 Total Score
Open High Low ACHN Price Change
6.59 6.68 6.34 6.37 -0.28
HORIZON PHARMA (NASDAQ:HZNP) Uptrend
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, HZNP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
-15 New 3 Day Low on Wednesday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, June 12th
+30 New 3 Month High on June 13
+75 Total Score
Open High Low HZNP Price Change
7.1200 7.3900 7.0700 7.2001 +0.0801
AMARIN (NASDAQ:AMRN) Strong Uptrend
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend formula for chart analysis, AMRN scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Monday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, April 26th
+30 New 3 Month High on February 6
+100 Total Score
Open High Low AMRN Price Change
15.18 15.27 14.85 15.13 -0.23
ZALICUS (NASDAQ:ZLCS) Very Weak Downtrend
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
Based on a pre-defined weighted trend formula for chart analysis, ZLCS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
-15 New 3 Day Low on Friday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, July 16th
+30 New 3 Month High on June 11
-60 Total Score
Open High Low ZLCS Price Change
1.05 1.06 1.02 1.02 -0.03