Based on the analysis of Supernus's 15-minute chart, a MACD Death Cross and KDJ Death Cross were triggered on July 7th, 2025 at 15:30. This indicates that the stock price has a high potential to continue declining, as the momentum of the stock price is shifting towards the downside and may lead to further decreases.
Health care stocks experienced a mixed performance on Tuesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each climbing 1.4% [1]. The iShares Biotechnology ETF (IBB) added 0.9% to the gains.
RedHill Biopharma (RDHL) shares rose 5.8% after the company announced it has started patient recruitment for a phase 2 trial of opaganib in combination with darolutamide for the treatment of metastatic castrate-resistant prostate cancer [1]. AstraZeneca (AZN) gained 2.2% following reports that its Chief Executive, Pascal Soriot, has expressed a preference to move the company's stock market listing to the US [1].
IGM Biosciences (IGMS) shares jumped 15% after the firm announced it has agreed to be acquired by Concentra Biosciences [1]. Sage Therapeutics (SAGE) shares were down 0.2% as the company agreed to be acquired by Supernus Pharmaceuticals (SUPN), with Supernus adding 0.9% [1].
Based on the analysis of Supernus's 15-minute chart, a MACD Death Cross and KDJ Death Cross were triggered on July 7th, 2025, at 15:30. This indicates that the stock price has a high potential to continue declining, as the momentum of the stock price is shifting towards the downside and may lead to further decreases [2].
References:
[1] https://finance.yahoo.com/news/sector-health-care-stocks-rise-195638369.html
[2] Based on the analysis of Supernus's 15-minute chart, a MACD Death Cross and KDJ Death Cross were triggered on July 7th, 2025, at 15:30. This indicates that the stock price has a high potential to continue declining, as the momentum of the stock price is shifting towards the downside and may lead to further decreases.
Comments
No comments yet