Technical Analysis - OREXIGEN THERAPEUTICS (Stock Symbol: OREX)
OREX Pivot Point Support and Resistance Levels
Orexigen Therapeutics, Inc., a biopharmaceutical company, focuses on the development of pharmaceutical product candidates for the treatment of obesity. Its lead combination product candidates include Contrave, which has completed Phase III clinical trials; and Empatic that has completed Phase II clinical trials. Contrave is a combination of two drugs, bupropion and naltrexone, in a sustained release formulation (SR). Bupropion is an antidepressant and smoking cessation medication; naltrexone is a treatment for alcohol and opioid addiction. The company's Empatic product candidate is a combination of bupropion SR and zonisamide SR. Zonisamide, in an immediate release formulation for the adjunctive treatment of partial seizures, a form of epilepsy. The company was founded in 2002 and is based in La Jolla, California.
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OREX Pivot Points (traditional) calculated for the Next trading session
|Support / Resistance||Daily OREX|
|Used Period||10/22/2014||10/20/2014 - 10/22/2014||10/01/2014 - 10/22/2014|
|Used OREX Quotes||O:4.65;H:4.69;L:4.28;C:4.32||O:4.08;H:4.94;L:4.02;C:4.32||O:4.26;H:4.94;L:3.11;C:4.32|
Daily OREX support and resistance levels are based on the OREX quotes recorded on 10/22/2014
Open: 4.65; High: 4.69; Low: 4.28; Close: 4.32.
Weekly OREX support and resistance levels are based on the OREX quotes recorder in period from 10/20/2014 to 10/22/2014
Open: 4.08; High: 4.94; Low: 4.02; Close: 4.32.
Monthly OREX support and resistance levels are based on the OREX quotes recorded in period from 10/01/2014 to 10/22/2014
Open: 4.26; High: 4.94; Low: 3.11; Close: 4.32.
Daily OREX Pivot Points (traditional and non-traditional)
support and resistance levels are calculated for the Next trading session
|Pivot Point Level||Traditional|