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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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Marketocracy Capital Management
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  • Depomed (DEPO) Sell Signals 0 comments
    Mar 9, 2013 11:34 AM | about stocks: DEPO

    This weekend I put in a sell order of Depomed (NASDAQ:DEPO) in the Barchart Van Meerten Speculative portfolio for negative price momentum:

    (click to enlarge)

    Barchart technical indicators:


    • 30% Barchart sell signals
    • Trend Spotter sell signal
    • Below its 20, 50 and 100 day moving averages
    • 11.92% loss this month
    • 17.34% off its 1 year high
    • Relative Strength Index 36.97%
    Stocks: DEPO
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