Savient Pharmaceuticals (SVNT) Bullish Technical Alert - Trend Up 131.1%

Savient Pharmaceuticals (NASDAQ:SVNT) is trading 1.6% higher (up $0.23 to $14.33) today on volume of 230,980 shares. The stock has traded within a 52-week range of $2.80 and $21.25.

Savient Pharmaceuticals is currently above its 50-day moving average of $13.70 and above its 200-day moving average of $7.84.

SmarTrend is bullish on shares of SVNT and our subscribers received an Uptrend alert on May 29, 2009 at $6.20, which has returned 131.1% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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Related terms: market, nasdaq, pharmaceuticals, securities