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Threshold Pharmaceuticals Down 21.8% Since SmarTrend Downtrend Call (THLD)
Jan 09, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for Threshold Pharmaceuticals (NASDAQ:THLD) on September 17th, 2012 at $6.51. In approximately 4 months, Threshold Pharmaceuticals has returned 21.81% as of today's recent price of $5.09.
In the past 52 weeks, Threshold Pharmaceuticals share prices have been bracketed by a low of $1.27 and a high of $9.28 and are now at $5.09, 301% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.6%.
Threshold Pharmaceuticals Inc. is a biotechnology company focused on the discovery, development and commercialization of small molecule therapeutics based on Metabolic Targeting, an approach that targets fundamental differences in metabolism between normal and certain diseased cells.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Threshold Pharmaceuticals.
Log in and add Threshold Pharmaceuticals (THLD) 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
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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
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