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Shares of VNDA Down 52.0% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Vanda Pharmaceut (NASDAQ:VNDA) on February 1st, 2019 at $26.35. In approximately 6 months, Vanda Pharmaceut has returned 51.99% as of today's recent price of $12.65.

Vanda Pharmaceut share prices have moved between a 52-week high of $33.44 and a 52-week low of $11.83 and are now trading 7% above that low price at $12.61 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.5% while the 200-day MA has slid 0.8%.

Vanda Pharmaceuticals Inc. is a biopharmaceutical company. The Company is focused on the development and commercialization of a portfolio of clinical-stage, small molecule product candidates for central nervous system disorders.

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

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

Keywords: spotlights vanda pharmaceut

Ticker(s): VNDA