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Stock to Watch: Vanda Pharmaceuticals Down 11.8% (VNDA)Jan 31, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Vanda Pharmaceuticals (NASDAQ:VNDA) is one of today's worst performing low-priced stocks, down 11.8% to $3.83 on 1.0x average daily volume. Thus far today, Vanda Pharmaceuticals has traded 426,000 shares, vs. average volume of 406,000 shares per day. The stock has underperformed the Dow (-11.8% to the Dow's -0.2%) and underperformed the S&P 500 (-11.8% to the S&P's -0.2%) during today's trading. Vanda Pharmaceuticals (NASDAQ:VNDA) has potential upside of 63.2% based on a current price of $3.83 and analysts' consensus price target of $6.25. The stock should hit resistance at its 200-day moving average (MA) of $4.02, as well as support at its 50-day MA of $3.67. 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. In the past 52 weeks, Vanda Pharmaceuticals share prices have been bracketed by a low of $2.92 and a high of $5.47 and are now at $3.83, 31% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.1%. SmarTrend recommended that subscribers consider buying shares of Vanda Pharmaceuticals on December 18th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $4.09. Since that recommendation, shares of Vanda Pharmaceuticals have risen 6.1%. We continue to monitor VNDA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 |