BioDelivery Sciences (BDSI) Bearish Technical Alert - Trend Down 3.3% Thu. July 16, 2009; Posted: 01:01 PM (the day of approval)
Jul 16, 2009 (SmarTrend(R) Spotlight via COMTEX) -- BDSI | Quote | Chart | News | PowerRating -- BioDelivery Sciences (NASDAQ:BDSI) is trading 3.7% lower (down $0.22 to $5.78) today on volume of 124,882 shares. The stock has traded within a 52-week range of $1.93 and $8.29.
BioDelivery Sciences is currently below its 50-day moving average of $5.93 and should find support at its 200-day moving average of $3.73.
SmarTrend is bearish on shares of BDSI and our subscribers received a Downtrend alert on July 08, 2009 at $5.98, which has returned 3.3% to date.