DENDREON (NASDAQ:DNDN) Uptrend Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops. Based on a pre-defined weighted trend formula for chart analysis, DNDN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average +15 New 3 Day High on Monday +20 Last Price Above 20 Day Moving Average +25 New 3 Week High, Week Ending October 29th -30 New 3 Month Low in October
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