CHANNELS

Subscribe to the InfoTech eNewsletter

infoTECH News

TMCNet:  39.2% Return Seen to Date on SmarTrend Idenix Pharmaceuticals Call (IDIX)

[November 13, 2012]

39.2% Return Seen to Date on SmarTrend Idenix Pharmaceuticals Call (IDIX)

Nov 13, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Idenix Pharmaceuticals (NASDAQ:IDIX) on August 2nd, 2012 at $8.24. In approximately 3 months, Idenix Pharmaceuticals has returned 39.20% as of today's recent price of $5.01.

In the past 52 weeks, shares of Idenix Pharmaceuticals have traded between a low of $3.35 and a high of $15.25 and are now at $5.01, which is 50% above that low price. The 200-day and 50-day moving averages have moved 1.82% lower and 3.09% lower over the past week, respectively.

Idenix Pharmaceuticals Inc. is a biopharmaceutical company that discovers and develops drugs for the treatment of human viral and other infectious diseases. The Company is focusing on the treatment of infections caused by hepatitis B virus, hepatitis C virus, and human immunodeficiency virus (HIV).

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

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

Write to Chip Brian at cbrian@mysmartrend.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.MySmarTrend.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.MySmarTrend.com/signup

[ 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