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Synta Pharma Sell Signals

|Includes: Madrigal Pharmaceuticals, Inc. (MDGL)

This morning I deleted Synta Pharmaceuticals from the Barchart Van Meerten Speculative portfolio for negative price trends:

  • 60% Barchart short term technical sell signal
  • Trend Spotter (tm) sell signal
  • Trading below its 20 and 50 day moving averages
  • 30.59% off its recent high
  • Relative Strength Index 29.10% and falling

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs.  He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.