Orexigen Therapeutics Breaks Below 200-Day Moving Average - Notable For OREX

In trading on Tuesday, shares of Orexigen Therapeutics, Inc. ( OREX) crossed below their 200 day moving average of $5.76, changing hands as low as $5.72 per share. Orexigen Therapeutics, Inc. shares are currently trading off about 5.1% on the day. The chart below shows the one year performance of OREX shares, versus its 200 day moving average:

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Orexigen Therapeutics, Inc. 200 Day Moving Average Chart

Looking at the chart above, OREX's low point in its 52 week range is $3.76 per share, with $7.73 as the 52 week high point — that compares with a last trade of $5.76.

According to the ETF Finder at ETF Channel, OREX makes up 1.38% of the SPDR S&P Biotech ETF ( XBI) which is trading up by about 0.3% on the day Tuesday.
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