Break Below 4? Amarin Corporation Plc (NASDAQ:AMRN)

Amarin Corporation Plc (NASDAQ:AMRN) is currently trading at 4.35 up 0.69% in the pre-market. AMRN looks weak and has been sliding for months. If the stock breaks below $4 it will probably test the 52-week lows. 

Market Action

AMRN stock is trading at $4.37 up $0.05 or 1.16% on the pre-market session. In the last trading session 3.376 million shares had traded hands. The stock closed at $4.38 and moved within a range of $4.255 – $4.38.

AMRN Releases Multiple Updates

Amarin Corporation announced on Tuesday that they are going to be present at 2 investor’s conferences.

  • AMRN’s investor’s conferences are going to be attended by John F. Thero the President and Karim Mikhali, the Chief Executive Officer, Amarin’s senior Vice President, head of the commercial for Europe, the future President, and CEO.
  • At The American College of Cardiology 70th Annual Scientific Session, Amarin Corporation announced the presentation of VASCEPA and its unique active ingredient-related scientific findings.

Trader Notes

Share Information

SHARES OUTSTANDING 394.77 M
SHARE FLOAT (%) 389.85 M (98.76%)
% HELD BY INSTITUTIONS 38.00

Recent Stock Performance

5-DAY PERF. -5.88%
1-MONTH PERF. -13.94%
3-MONTH PERF. -44.62%
6-MONTH PERF. -4.85%
YTD PERF. -11.66%
1-YEAR PERF. -44.11%

Moving Averages

+/- EMA(20) 4.80 (-10.00%)
+/- SMA(50) 5.54 (-22.02%)
+/- SMA(200) 5.63 (-23.27%)

Pivot Points

Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 4.1233 4.1867 4.2533 4.3167 4.3833 4.4467 4.5133
Fibonacci 4.1867 4.2363 4.2670 4.3167 4.3663 4.3970 4.4467

Technical Indicators

Symbol Value Result Symbol Value Result
ADX 21.0817 Neutral ATR14 0.2814
CCI20 -111.7904 Sell Chaikin Money Flow -0.1333 Sell
MACD -0.4096 Sell Money Flow Index 31.6074 Sell
ROC -17.5573 Sell RSI 28.4516 OverSold
STOCH (14,3) 12.1212 OverSold STOCH RSI 0.7308 Buy
UO 40.7592 Buy Williams %R -87.8788 OverSold

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