user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 466858 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Bearish Moving Average Cross by Repros Therapeutics (RPRX)

Published on Tue, 03/26/2013 - 11:16
By Robert Cotter

Today, shares of Repros Therapeutics (NASDAQ:RPRX) have crossed bearishly below their 10-day moving average of $9.31 on a volume of 135K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Repros Therapeutics Inc. is a clinical stage biopharmaceutical company. The Company develops new drugs to treat hormonal and reproductive system disorders.

In the past 52 weeks, Repros Therapeutics share prices have been bracketed by a low of $3.34 and a high of $19.12 and are now at $9.16, 174% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 3.5%.

Repros Therapeutics (NASDAQ:RPRX) has potential upside of 123.8% based on a current price of $9.16 and analysts' consensus price target of $20.50. The stock should find initial resistance at its 50-day moving average (MA) of $12.23 and further resistance at its 200-day MA of $12.36.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Shares of Transglobe Energy Fall to a Ne...

Transglobe Energy (NASDAQ:TGA) traded at a new 52-week low today of $5.96. Approximate ...

Recent 52-Week Low Surpassed in Shares o...

Smith & Wesson (NASDAQ:SWHC) traded today at a new 52-week low of $9.48. So far today ...

Salix Pharmaceuticals: 52-Week High Rece...

Shares of Salix Pharmaceuticals (NASDAQ:SLXP) traded today at $170.08, breaking its 52- ...

SK Telecom: 52-Week High Recently Eclips...

Shares of SK Telecom (NYSE:SKM) traded today at $31.84, breaking its 52-week high. App ...

Shares of Seachange International Fall t...

Seachange International (NASDAQ:SEAC) traded at a new 52-week low today of $7.03. So f ...

Recent 52-Week Low Surpassed in Shares o...

Resource Capital (NYSE:RSO) traded at a new 52-week low today of $5.20. Approximately ...

Shares of Regal-Beloit Have Fallen Below...

Regal-Beloit (NYSE:RBC) traded at a new 52-week low today of $65.23. So far today appr ...

Shares of Parexel International Rise Abo...

Shares of Parexel International (NASDAQ:PRXL) traded today at $62.59, breaking its 52-w ...