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Stock to Watch: Vanda Pharmaceuticals Down 11.8% (VNDA)
[January 31, 2013]

Stock to Watch: Vanda Pharmaceuticals Down 11.8% (VNDA)

Jan 31, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Vanda Pharmaceuticals (NASDAQ:VNDA) is one of today's worst performing low-priced stocks, down 11.8% to $3.83 on 1.0x average daily volume. Thus far today, Vanda Pharmaceuticals has traded 426,000 shares, vs. average volume of 406,000 shares per day. The stock has underperformed the Dow (-11.8% to the Dow's -0.2%) and underperformed the S&P 500 (-11.8% to the S&P's -0.2%) during today's trading.

Vanda Pharmaceuticals (NASDAQ:VNDA) has potential upside of 63.2% based on a current price of $3.83 and analysts' consensus price target of $6.25. The stock should hit resistance at its 200-day moving average (MA) of $4.02, as well as support at its 50-day MA of $3.67.

Vanda Pharmaceuticals Inc. is a biopharmaceutical company. The Company is focused on the development and commercialization of a portfolio of clinical-stage, small molecule product candidates for central nervous system disorders.

In the past 52 weeks, Vanda Pharmaceuticals share prices have been bracketed by a low of $2.92 and a high of $5.47 and are now at $3.83, 31% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.1%.

SmarTrend recommended that subscribers consider buying shares of Vanda Pharmaceuticals on December 18th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $4.09. Since that recommendation, shares of Vanda Pharmaceuticals have risen 6.1%. We continue to monitor VNDA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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