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Angeion Shares Up 22.5% Since SmarTrend's Buy Recommendation (ANGN)
Feb 14, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Angeion (NASDAQ:ANGN) on September 23rd, 2011 at $4.49. In approximately 5 months, Angeion has returned 22.49% as of today's recent price of $5.50.
Over the past year, Angeion has traded in a range of $3.80 to $5.68 and is now at $5.50, 45% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.2%.
Angeion Corporation develops, manufactures, and markets non-invasive cardiorespiratory diagnostic systems and related software. The Company's products are used for the management and improvement of cardiorespiratory health. Angeion also markets a line of health and fitness products under the New Leaf and Fitness brand primarily to consumers.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Angeion shares.Log in and add Angeion (ANGN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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