The intraday price for Xenoport has moved below its 200 period 30 minute moving average of 4.25. XNPT is around 4.17 bucks now. Going below the moving average deepens the negative trend.

The price is already below support of $4.31.

Other stocks to watch – these have a positive correlation with Xenoport:

Xanadu Resources Limited (XNU) with a correlation of 93.3%

DB X-TRACKERS S&P 500 2X LEVERAGED INDEX ETF(USD)G (XSL2) with a correlation of 91.42%

XUO.SO (XUO.SO) with a correlation of 93.63%

For the math geeks and quants – the most recent Slope: -0.06 Intercept: 4.31 close: 4.17