• 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 = 482886 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1417201219 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1417201219 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Bullish Moving Average Cross by Sangamo Biosciences (SGMO)

Published on Fri, 04/19/2013 - 11:15
By Peter Chu

Sangamo Biosciences (NASDAQ:SGMO) shares have crossed bullishly above their 10-day moving average of $9.95 on a volume of 300K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Sangamo Biosciences has overhead space with shares priced $10.11, or 43.0% below the average consensus analyst price target of $17.75. The stock should find initial support at its 50-day moving average (MA) of $9.41 and further support at its 200-day MA of $6.90.

Sangamo BioSciences, Inc. researches and develops transcription factors in the regulation of genes. These transcription factors are the proteins that turn genes on and off and regulate gene expression by recognizing specific DNA sequences.

Over the past year, Sangamo Biosciences has traded in a range of $4.01 to $11.24 and is now at $10.11, 152% above that low. Over the past week, the 200-day moving average (MA) has gone up 1.3% while the 50-day MA has advanced 0.3%.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Rocky Brands Makes a Move: Down 2.6%...

Down 2.6% to $14.76, Rocky Brands (NASDAQ:RCKY), is one of today's notable movers. The ...

Shares of SEACOR Holdings Under Pressure...

SEACOR Holdings (NYSE:CKH) is a company whose shares are active, trading 2.6% lower to ...

Shares of Parker Hannifin Under Pressure...

One of today's stocks on the move is Parker Hannifin (NYSE:PH), down 2.6% to $128.29. ...

Shares of Smith & Nephew Under Pressure,...

One of today's notable stocks in decline is Smith & Nephew (NYSE:SNN), down 2.6% to $34 ...

Landstar System Shares Climbing Higher, ...

Up 2.7% to $81.01, Landstar System (NASDAQ:LSTR), is one of today's notable movers. Th ...

Shares of Kinder Morgan Under Pressure, ...

One of today's notable stocks in decline is Kinder Morgan (NYSE:KMI), down 2.7% to $41. ...

Shares of Emerson Electric Under Pressur...

Emerson Electric (NYSE:EMR), a company whose shares are moving quickly, is trading 2.7% ...

Carpenter Technology Shares Sinking Lowe...

Carpenter Technology (NYSE:CRS) is a company whose shares are active, trading 2.7% lowe ...