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SmarTrend Detects Continued Buying Pressure in Shares of Ariad Pharmaceuticals (ARIA)May 23, 2010 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Ariad Pharmaceuticals (NASDAQ:ARIA) on November 09, 2009 at $2.42. In approximately 6 months, Ariad Pharmaceuticals has returned 55.5% as of today's recent price of $3.77. Ariad Pharmaceuticals is currently above its 50-day moving average of $3.62 and above its 200-day moving average of $2.60. Look for these moving averages to climb to confirm the company's upward momentum. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ariad Pharmaceuticals shares. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup |