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Vanda Pharmaceut Bearish Moving Average Crossover Alert (VNDA)

By David Diaz

Vanda Pharmaceut (NASDAQ:VNDA) shares have crossed bearishly below their 10-day moving average of $14.98 on a volume of 135K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Vanda Pharmaceut have traded between a low of $11.83 and a high of $33.44 and are now at $14.70, which is 24% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for Vanda Pharmaceut and will alert subscribers who have VNDA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses vanda pharmaceut

Ticker(s): VNDA