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Vanda Pharmaceut Bearish Moving Average Crossover Alert (VNDA)

By Nick Russo

Today, shares of Vanda Pharmaceut (NASDAQ:VNDA) have crossed bearishly below their 10-day moving average of $13.93 on a volume of 109K shares. Swing traders may find an opportunity 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 $13.75, which is 16% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has remained constant.

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