Nektar Therapeutics (NKTR) Bullish Technical Alert - Trend Up 66.5%

Nektar Therapeutics (NASDAQ:NKTR) is trading 2.4% higher (up $0.20 to $8.54) today on volume of 100,435 shares. The stock is trading near its 52-week high of $8.61. We are watching for a close above that level.

Nektar Therapeutics is currently above its 50-day moving average of $7.29 and above its 200-day moving average of $5.83.

SmarTrend is bullish on shares of NKTR and our subscribers received an Uptrend alert on March 25, 2009 at $5.13, which has returned 66.5% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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