The Chart of the Day is Acadia Pharmaceutical (NASDAQ:ACAD). I found the stock by sorting the All Time High list for the stocks with the best technical buy signals then used the Flipchart feature to review the stocks. Since the Trend Spotter signaled a buy on 2/10 the stock gained 6.54%.
Acadia Pharmaceuticals is a biopharmaceutical company focused on the discovery, development and commercialization of small molecule drugs for the treatment of central nervous system disorders. Their three clinical programs are ACP-103 for treatment-induced dysfunction in Parkinson’s disease, and ACP-104 and ACP-103, both for the treatment of schizophrenia.
Barchart’s Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart technical indicators:
Fundamental factors:
The 50 – 100 Day MACD Oscillator has been an effective technical trading strategy and should continue to be used to signal entry and exit points
