Should You Buy Teva Pharmaceutical Industries Ltd (ADR) (TEVA), Alexza Pharmaceuticals, Inc. (ALXA), Arena Pharmaceuticals, Inc. (ARNA)?

Posted by Lynn Eisler January 9, 2015 0 Comment 2508 views


New York, NY – GDP INSIDER  – 01/09/2014.

This article discusses about three stocks. They are Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA), Alexza Pharmaceuticals, Inc. (NASDAQ:ALXA), Arena Pharmaceuticals, Inc. (NASDAQ:ARNA).

Shares of Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) are trading flat in current trading session on volumes of 434,355 shares exchanging hands compared to average volume of 3.51M shares. Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) is trading tad above its 20-Day EMA of $56.73 with RSI of 52.22 which is moving downwards. The stock has been having a weak session and the price volume action hasn’t been that convincing. Shares of TEVA have been trading flat during these week as they have been marginally up by 0.16% in last one week. However, the YTD performance of the stock stands at 44% which is above the overall return given by the healthcare index.

Is TEVA Going To Continue Selling Off Or Will Things Start Turning Around Soon? See What’s Next For TEVA With A Free Trend Report

Shares of Alexza Pharmaceuticals, Inc. (NASDAQ:ALXA) are trading at $2.55, up sharply by 49.11% in current trading session after it had been in strong downtrend which started from $5 till $1. Today’s action in the stock is backed price action which indicates strength in near-term. Alexza Pharmaceuticals, Inc. (NASDAQ:ALXA) focuses on research & development along with novel proprietary treatment for central nervous system related disorders worldwide. The stock is trading above its 20-Day EMA of $1.63 with RSI of 80.96 which is moving up.

Could ALXA Continue To Move Up Or Will We Find Resistance In The Near Future? See What Is In The Cards For ALXA With A Complementary Trend Analysis.

Shares of Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) are trading down by 1.56% to currently trade at $5.66 with volumes of 5.48M shares exchanging hands compared to average volume of 8.67M shares. The stock is trading way above its 20-Day EMA of $4.23 with RSI of 72.43 which is moving down. There has been a spike in volume of trading in the counter over last two trading sessions which is indicative of the interest shown by the trading fraternity. Shares of Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) have gone up by 65.99% in last one week and up by 65.99% on YTD basis.

Is ARNA Going To Continue To Move Up Or Will Things Start To Turn Around? Find Out What’s Next For ARNA With A Free Trend Analysis Report

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About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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