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DNDN Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Wednesday, July 27, 2:20 PM ET
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In trading on Wednesday, shares of Dendreon Corp (NASDAQ:DNDN) crossed below their 200 day moving average of $37.27, changing hands as low as $37.05 per share. Dendreon Corp shares are currently trading off about 1.8% on the day. The chart below shows the one year performance of DNDN shares, versus its 200 day moving average:

Dendreon Corp 200 Day Moving Average Chart

Looking at the chart above, DNDN's low point in its 52 week range is $31.31 per share, with $43.96 as the 52 week high point — that compares with a last trade of $37.40.

According to the ETF Finder at ETF Channel, DNDN makes up 5.00% of the First Trust NYSE Arca Biotechnology Index Fund ETF (AMEX:FBT) which is trading lower by about 3.1% on the day Wednesday.

     See what other ETFs contain DNDN »
     See what other stocks are held by FBT »

DNDN operates in the Biotechnology sector, among companies like Amylin Pharmaceuticals, Inc. (NASDAQ:AMLN) which is off about 1.7% today, and Myriad Genetics, Inc. (NASDAQ:MYGN) trading lower by about 1.8%. Below is a three month price history chart comparing the stock performance of DNDN, versus AMLN and MYGN.

DNDN,AMLN,MYGN Relative Performance Chart


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This Article's Word Cloud:   AMEX   AMLN   Average   Below   Biotechnology   Channel   Corp   DNDN   Dendreon   ETFs   Finder   Free   GROWTH   INVESTMENT   Index   MYGN   Myriad   NASDAQ   PORTFOLIO   Portfolio   Wednesday   about   among   asset   average   below   cash   chart   companies   designed   history   lower   moving   operates   other   performance   point   portfolio   share   shares   slideshow   stocks   there   trading   versus   week   what   which   with   year
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