infoTECH News

[September 24, 2009]

Idenix Pharmaceuticals (IDIX) Bearish Technical Alert - Trend Down 5.7%

Sep 24, 2009 (SmarTrend(R) Spotlight via COMTEX) -- Idenix Pharmaceuticals (NASDAQ:IDIX) is trading 0.3% lower (down $0.01 to $3.12) today on volume of 80,589 shares. The stock has traded within a 52-week range of $1.86 and $7.83.

Idenix Pharmaceuticals is currently below its 50-day moving average of $3.32 and below its 200-day moving average of $4.01.

SmarTrend is bearish on shares of IDIX and our subscribers received a Downtrend alert on August 05, 2009 at $3.31, which has returned 5.7% to date.

Write to Chip Brian at cbrian@tradethetrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

[ InfoTech Spotlight's Homepage ]


blog comments powered by Disqus

FOLLOW US

Subscribe to InfoTECH Spotlight eNews

InfoTECH Spotlight eNews delivers the latest news impacting technology in the IT industry each week. Sign up to receive FREE breaking news today!
FREE eNewsletter