• Return to Headlines

Downtrend Call Working As Lexicon Pharmace Stock Falls 27.2% (LXRX)

By Shiri Gupta

SmarTrend identified a Downtrend for Lexicon Pharmace (NASDAQ:LXRX) on October 3rd, 2018 at $9.95. In approximately 2 months, Lexicon Pharmace has returned 27.24% as of today's recent price of $7.24.

Over the past year, Lexicon Pharmace has traded in a range of $7.04 to $13.97 and is now at $7.24, 3% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.3% while the 200-day MA has remained constant.

Lexicon Pharmaceuticals, Inc. is a biopharmaceutical company. The Company researches treatments for diabetes and obesity, cardiovascular disease, psychiatric and neurological disorders, cancer, immune system disorders, and ophthalmic disease.

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

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

Keywords: spotlights lexicon pharmace

Ticker(s): LXRX