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Arena Pharmaceuticals Inc. & PulteGroup Inc. Trend Analysis Report: (NASDAQ: ARNA), (NYSE: PHM)


New York, NY -- (ReleaseWire) -- 01/24/2013 --Arena Pharmaceuticals Inc. (NASDAQ: ARNA) is trading in the range of $8.63 and $8.92 during its latest trading session. The stock recorded the volume of 5.058 million shares so far. Its MACD and EMA charts show neutral trend. The stock had opened at $8.69 and is currently at the same level, up 0.12 percent from its previous close of $8.68. It is currently trading below its 6 days EMA of $9.78 and has its first support level at $8.65. In the intermediate time period, the stock may test $9.16 resistance level.

Arena Pharmaceuticals is a clinical stage biopharmaceutical company and is based out of California.

Find out where ARNA could be headed by getting the free full report here:

PulteGroup Inc. (NYSE: PHM) stock is currently at $20.89, up 0.22 percent from its previous close of $20.84. It has traded 6.150 million shares so far. The stock opened the session at $20.99 and touched its highest price point at $21.48. PulteGroup stock’s lowest price point for the session stood at $20.85. The stock’s MACD chart shows bullish trend in the short term. Its first support level is at $20.53.

PulteGroup offers homebuilding services. It also provides allied financial services. The company is based out of Michigan and it primarily deals in residential property development.

Find out more on PHM by getting the free full report here:

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Michael Baine