New York, NY -- (ReleaseWire) -- 03/19/2013 --Federal National Mortgage Association (OTCQB: FNMA) is trading in the range of $0.55 and $0.70 in its current trading session, creating a new 52 weeks high price point. The stock recorded the volume of 30.75 million shares so far, in comparison its average daily trading volume of 6.66 million shares. The stock opened at $0.56 and is currently at $0.668, up 28.21 percent from its previous close.
Federal National Mortgage has its first resistance level at $0.67 while it faces the support at $0.663. If the stock breaches this level, it may go touch $0.66. Federal National Mortgage provides mortgage insurance services.
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Titan Pharmaceuticals Inc. (OTCQB: TTNP) shows bearish trend as the stock made sharp downward movement in its latest trading session. It opened the session at $1.78 and remained in $1.05 and $1.79 price range during the session. The stock is 40.20 percent lower at $1.23. Titan Pharmaceuticals’ first support level is at $1.15. Upon breaching this level, the stock may touch $1.05. On the upside, its first resistance level is at $1.35. The stock is currently trading above its 20 days moving average price of $1.22.
Titan Pharmaceuticals stock tumbled on negative FDA review of its Probuphine drug.
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