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THRESHOLD PHARMACEUTICALS (NASDAQ:THLD) Strong Downtrend
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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, THLD scored -90 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, August 1st
-30 New 3 Month Low on August 19
-90 Total Score
Open High Low THLD Price Change
4.4500 4.6000 4.3000 4.5599 +0.1399
ARENA PHARMACEUTICALS (NASDAQ:ARNA) Strong Downtrend
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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, ARNA scored -100 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 Monday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, August 28th
-30 New 3 Month Low on June 20
-100 Total Score
Open High Low ARNA Price Change
6.5100 6.5500 6.3701 6.3850 -0.1150
NAVIDEA (AMEX:NAVB) Weak Downtrend
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, NAVB scored -70 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 Low, August 7th
+30 New 3 Month High on July 2
-70 Total Score
Open High Low NAVB Price Change
2.91 2.93 2.86 2.91 +0.01
ACHILLION PHARMACEUTICALS (NASDAQ:ACHN) 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, ACHN scored +70 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 Tuesday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, September 5th
-30 New 3 Month Low on April 4
+70 Total Score
Open High Low ACHN Price Change
7.19 7.25 7.00 7.21 +0.19
HORIZON PHARMA (NASDAQ:HZNP) Very Weak Uptrend
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
Based on a pre-defined weighted trend formula for chart analysis, HZNP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
+15 New 3 Day High on Thursday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, August 23rd
-30 New 3 Month Low on August 12
+60 Total Score
Open High Low HZNP Price Change
2.6100 2.6100 2.5300 2.5575 -0.0325
AMARIN (NASDAQ:AMRN) Strong Uptrend
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
+15 New 3 Day High on Friday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, August 13th
+30 New 3 Month High on September 5
+90 Total Score
Open High Low AMRN Price Change
7.3200 7.4000 7.0000 7.1801 -0.0199
ZALICUS (NASDAQ:ZLCS) 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, ZLCS 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, August 1st
+30 New 3 Month High on August 2
+100 Total Score
Open High Low ZLCS Price Change
0.8400 0.8700 0.7800 0.8299 -0.0051
CATALYST PHARMACEUTICALS (NASDAQ:CPRX) 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, CPRX 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 Friday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, August 27th
+30 New 3 Month High on April 19
+100 Total Score
Open High Low CPRX Price Change
1.9500 2.1200 1.8700 2.1105 +0.1905
B COMMUNICATIONS (NASDAQ:BCOM) Weak Downtrend
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, BCOM scored -70 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 Tuesday
-20 No Data for 20 Day Moving Average
-25 New 3 Week Low, August 27th
+30 New 3 Month High on April 9
-70 Total Score
Open High Low BCOM Price Change
12.78 12.80 12.78 12.80 -0.03