The Barchart Chart of the Day is Clovis Oncology (NASDAQ:CLVS). I found the stock by sorting Barchart's New High List for frequency in the last month, skipped the stocks that did not have positive results for the last week and month and then used the Flipchart feature to review the charts. The stock hit a recent low of 43.86 on 11/20 and since then is up 60.17%.
|Clovis Oncology Inc. is a biopharmaceutical company focused on acquiring, developing and commercializing innovative anti-cancer agents in the United States, Europe and additional international markets. The Company targets its development programs for the treatment of specific subsets of cancer populations.
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:
The price momentum seems to have turned around. Carefully watch the 50 day moving average for a point to take profits.