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||07/23/2014||07/21/2014 - 07/23/2014||07/01/2014 - 07/23/2014|
|Used OREX Quotes||O:5.33;H:5.38;L:5.25;C:5.34||O:5.21;H:5.48;L:5.11;C:5.34||O:6.17;H:6.28;L:5.00;C:5.34|
Daily OREX support and resistance levels are based on the OREX quotes recorded on 07/23/2014
Open: 5.33; High: 5.38; Low: 5.25; Close: 5.34.
Weekly OREX support and resistance levels are based on the OREX quotes recorder in period from 07/21/2014 to 07/23/2014
Open: 5.21; High: 5.48; Low: 5.11; Close: 5.34.
Monthly OREX support and resistance levels are based on the OREX quotes recorded in period from 07/01/2014 to 07/23/2014
Open: 6.17; High: 6.28; Low: 5.00; Close: 5.34.
Daily OREX Pivot Points (traditional and non-traditional)
support and resistance levels are calculated for the Next trading session
|Pivot Point Level||Traditional|