SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  Hot Stock: ImmunoCellular Therapeutics, Shares Drop 5.4% (IMUC)

[February 11, 2013]

Hot Stock: ImmunoCellular Therapeutics, Shares Drop 5.4% (IMUC)

Feb 11, 2013 (SmarTrend(R) Spotlight via COMTEX) -- ImmunoCellular Therapeutics (NASDAQ:IMUC) is one of today's worst performing low-priced stocks, down 5.4% to $2.41 on 1.1x average daily volume. Thus far today, ImmunoCellular Therapeutics has traded 667,000 shares, vs. average volume of 624,000 shares per day. The stock has underperformed the Dow (-5.4% to the Dow's -0.2%) and underperformed the S&P 500 (-5.4% to the S&P's -0.0%) during today's trading.


In the past 52 weeks, shares of ImmunoCellular Therapeutics have traded between a low of $0.98 and a high of $4.00 and are now at $2.41, which is 146% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.7% while the 200-day MA has slid 0.2%.

ImmunoCellular Therapeutics, Ltd. is a development stage company that seeks to develop imaging devices with medical diagnostic applications.

There is potential upside of 288.7% for shares of ImmunoCellular Therapeutics based on a current price of $2.41 and an average consensus analyst price target of $9.38. The stock should find resistance at its 200-day moving average (MA) of $2.64, as well as support at its 50-day MA of $2.09.

SmarTrend recommended that subscribers consider buying shares of ImmunoCellular Therapeutics on November 28th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $2.09. Since that recommendation, shares of ImmunoCellular Therapeutics have risen 22.3%. We continue to monitor IMUC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved.