TMCnet News
DexCom Upward Momentum Looks to Continue (DXCM)Mar 25, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for DexCom (NASDAQ:DXCM) on December 29, 2010 at $13.79. In approximately 3 months, DexCom has returned 7.6% as of today's recent price of $14.83. In the past 52 weeks, shares of DexCom have traded between a low of $8.92 and a high of $16.06 and are now at $14.83, which is 66% above that low price. DexCom is currently above its 50-day moving average of $14.44 and above its 200-day moving average of $13.00. Look for these moving averages to climb to confirm the company's upward momentum. In the last five trading sessions, the 50-day MA has climbed 0.34% while the 200-day MA has risen 0.77%. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of DexCom shares. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup |