DNDN Makes Bullish Cross Above Critical Moving Average

In trading on Monday, shares of Dendreon Corp (DNDN) crossed above their 200 day moving average of $4.83, changing hands as high as $5.38 per share. Dendreon Corp shares are currently trading up about 11.7% on the day. The chart below shows the one year performance of DNDN shares, versus its 200 day moving average:

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Dendreon Corp 200 Day Moving Average Chart

Looking at the chart above, DNDN's low point in its 52 week range is $3.69 per share, with $7.22 as the 52 week high point — that compares with a last trade of $5.18.

According to the ETF Finder at ETF Channel, DNDN makes up 2.01% of the SPDR S&P Biotech ETF ( XBI) which is trading higher by about 0.4% on the day Monday.

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