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Stock to Watch: Dynavax Technologies Up 1.1% (DVAX)Nov 21, 2011 (SmarTrend(R) Spotlight via COMTEX) -- Dynavax Technologies (NASDAQ:DVAX) is one of today's best performing low-priced stocks, up 1.1% to $2.86 on 0.4x average daily volume.Dynavax Technologies has traded 630,000 shares thus far today, vs. average volume of 1.5 million shares per day. The stock has outperformed the Dow (3.7% to the Dow's -2.8%) and outperformed the S&P 500 (3.7% to the S&P's -2.5%) during today's trading. Dynavax Technologies Corporation discovers, develops, and is seeking to commercialize products based on immunostimulatory sequences. The Company is developing products to treat and prevent allergies, infectious diseases, and chronic inflammatory diseases using approaches that alter immune system responses in specific ways. In the past 52 weeks, shares of Dynavax Technologies have traded between a low of $1.75 and a high of $3.59 and are now at $2.86, which is 63% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 2.6%. SmarTrend recommended that subscribers consider buying shares of Dynavax Technologies on October 13th, 2011 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $2.32. Since that recommendation, shares of Dynavax Technologies have risen 22.2%. We continue to monitor DVAX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 |