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||04/24/2014||04/21/2014 - 04/24/2014||04/01/2014 - 04/24/2014|
|Used OREX Quotes||O:5.60;H:5.60;L:5.30;C:5.53||O:5.32;H:5.79;L:5.22;C:5.53||O:6.54;H:6.70;L:4.76;C:5.53|
Daily OREX support and resistance levels are based on the OREX quotes recorded on 04/24/2014
Open: 5.60; High: 5.60; Low: 5.30; Close: 5.53.
Weekly OREX support and resistance levels are based on the OREX quotes recorder in period from 04/21/2014 to 04/24/2014
Open: 5.32; High: 5.79; Low: 5.22; Close: 5.53.
Monthly OREX support and resistance levels are based on the OREX quotes recorded in period from 04/01/2014 to 04/24/2014
Open: 6.54; High: 6.70; Low: 4.76; Close: 5.53.
Daily OREX Pivot Points (traditional and non-traditional)
support and resistance levels are calculated for the Next trading session
|Pivot Point Level||Traditional|