Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

First Week of CORT August 2018 Options Trading
Friday, December 22, 10:45 AM ET, by Market News Video Staff

Investors in Corcept Therapeutics Inc (CORT) saw new options begin trading this week, for the ...

The Implied Analyst 12-Month Target For XPH
Tuesday, December 26, 8:26 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

First Week of CORT January 19th Options Trading
Tuesday, January 2, 10:39 AM ET, by Market News Video Staff

Investors in Corcept Therapeutics Inc (CORT) saw new options begin trading this week, for the ...

Pacira Pharmaceuticals (PCRX) Shares Cross Below 200 DMA
Thursday, January 4, 11:53 AM ET, by Market News Video Staff

In trading on Thursday, shares of Pacira Pharmaceuticals Inc. (PCRX) crossed below their 200 day ...

Investors Grab ZGNX 6.9% Lower Than Its Secondary Stock Offering
Thursday, January 4, 3:14 PM ET, by Market News Video Staff

Looking back to 94 days ago, Zogenix Inc. (ZGNX) priced a 6,700,000 share secondary stock ...

  More articles:  1 2 next »

Shares of VPHM Now Overbought

By Market News Video Staff, Wednesday, December 14, 4:33 PM ET
Play Video: Learn About The RSI

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In trading on Wednesday, shares of ViroPharma Inc. (VPHM) entered into overbought territory, changing hands as high as $28.34 per share. We define overbought territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be overbought if the RSI reading rises above 70. In the case of ViroPharma Inc., the RSI reading has hit 80.7 by comparison, the RSI reading for the S&P 500 ETF (SPY) is presently 43.3.

Investors could look at VPHM's 80.7 reading as a sign that the recent heavy buying is overdue to take a break, which could bring a pullback in the stock. The chart below shows the one year performance of VPHM shares:

ViroPharma Inc. 1 Year Performance Chart

Looking at the chart above, VPHM's low point in its 52 week range is $14.62 per share, with $28.34 as the 52 week high point that compares with a last trade of $27.80.

According to the ETF Finder at ETF Channel, VPHM makes up 4.15% of the SPDR S&P Pharmaceuticals ETF (AMEX:XPH) which is trading higher by about 0.1% on the day Wednesday.

See what other ETFs contain VPHM
See what other stocks are held by XPH

VPHM operates in the Drugs & Pharmaceuticals sector, among companies like Corcept Therapeutics Inc (NASDAQ:CORT) which is down about 0.6% today and has a current RSI reading of 59.7. Below is a three month price history chart comparing the stock performance of VPHM, versus CORT.

VPHM,CORT Relative Performance Chart


The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.

This Article's Word Cloud:   AMEX   According   Below   CORT   Channel   Corcept   Drugs   ETFs   Finder   Flexible   Free   Growth   Index   Investment   Investors   Looking   Pharmaceuticals   Portfolio   Relative   SPDR   Strength   Therapeutics   Trial   VPHM   ViroPharma   Wednesday   about   above   asset   chart   could   designed   high   other   overbought   performance   point   portfolio   reading   share   shares   stock   stocks   territory   that   trading   week   what   which   with
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Portfolio Channel Stock Market Definitions

Shares of VPHM Now Overbought | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.