Tuesday, April 30, 2013

Vanda Pharmnceuticals - VNDA - Buy signals

Today I added Vanda Pharmaceuticals (VNDA) to the Barchart Van Meerten Speculative portfolio for great price momentum and Barchart technical buy signals:


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy  signal
  • Above its 20, 30 and 50 day moving averages
  • 19 new highs and up 23.98% in the last month
  • Relative Strength Index 87.62%
  • Barchart computes a technical support level at 4.60
  • Recently traded at 4.86 with a 50 day moving average of 4.10
Disclosure:  I own this stock


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