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Amarin Has Returned 10.0% Since SmarTrend Recommendation (AMRN)

Written on Mon, 01/07/2013 - 1:05pm
By Amy Schwartz

SmarTrend identified a Downtrend for Amarin (NASDAQ:AMRN) on December 7th, 2012 at $9.65. In approximately 1 month, Amarin has returned 10.01% as of today's recent price of $8.68.

In the past 52 weeks, shares of Amarin have traded between a low of $6.52 and a high of $15.96 and are now at $8.68, which is 33% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.4% while the 200-day MA has slid 0.2%.

Amarin Corporation PLC is a clinical-stage biopharmaceutical company. The Company researches, develops, and commercializes drugs for the treatment of hypertriglyceridemia, central nervous system disorders, and cardiovascular diseases.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Amarin.

Log in and add Amarin (AMRN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights amarin

Ticker(s): AMRN

Contact Amy Schwartz



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