ORIONS Money Stocks

[stocktrader001]

tx augusta

Ariad Pharmaceuticals Upward Momentum Looks to Continue (ARIA)

Ariad Pharmaceuticals Upward Momentum Looks to Continue (ARIA)
Written on Wed, 03/31/2010 - 12:46
By Chip Brian

SmarTrend identified an Uptrend for Ariad Pharmaceuticals (NASDAQ:ARIA) on November 09, 2009 at $2.42. In approximately 5 months, Ariad Pharmaceuticals has returned 40.2% as of today's recent price of $3.40.
Ariad Pharmaceuticals is currently above its 50-day moving average of $2.67 and above its 200-day moving average of $2.24. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ariad Pharmaceuticals shares.