The Chart of the Day belongs to Concert Pharmaceutical (NASDAQ:CNCE). I found the biopharmaceutical stock by using Barchart to sort the Russell 3000 Index stocks first for a Weighted Alpha above 50.00+ then again for technical buy signals of 80% or better. Since the Trend Spotter signaled a buy on 9/9 the stock gained 33.80%.
Concert Pharmaceuticals Inc. is a biopharmaceutical company. It is focused on applying its DCE Platform to create novel small molecule drugs. The Company manufactures drugs in various therapeutic areas such as hot flashes, HIV, renal hepatic, neuropathic pain, MRSA infection, and schizophrenia, multiple tumors, and hyperparathyroidism. Concert Pharmaceuticals Inc. is based in United States.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart technical indicators:
Fundamental factors:
The 50-100 Day MACD Oscillator has been the most effective technical trading strategy for this stock
