[March 31, 2011] MAKO Surgical Bullish Moving Average Crossover Alert (MAKO) Tweet Mar 31, 2011 (SmarTrend(R) Market Surveillance via COMTEX) -- Today, shares of MAKO Surgical (NASDAQ:MAKO) have crossed bullishly above their 10-day moving average of $21.60 on volume of 544 thousand shares. This may provide swing traders with an opportunity for a long position as such a crossover often suggests higher prices in the near term. Watch for a close above this moving average level for confirmation. SmarTrend issued an Uptrend Alert for MAKO Surgical on October 18, 2010 at $10.75. In approximately 5 months, MAKO Surgical has returned 115% as of today's recent price of $23.11. In the past 52 weeks, shares of MAKO Surgical have traded between a low of $9.28 and a high of $22.65 and are now at $23.11, which is 149% above that low price. In the last five trading sessions, the 50-day MA has climbed 1.5% while the 200-day MA has risen 0.9%. We will continue to monitor MAKO's share price relative to this moving average. 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 [ Back To TMCnet.com's Homepage ]