TMCnet News
Shares of Stratasys Down on Above Average Volume, Moving Against Trend (SSYS)May 13, 2013 (SmarTrend(R) News Watch via COMTEX) -- Stratasys's stock is down -0.1% to $83.51 on heavy trading volume. Today's volume of 893,000 shares tops the average 30-day volume of 512,000 shares. Unusually high volume can signify a potential turning point or validate a breakout. SmarTrend recommended that subscribers consider buying shares of Stratasys on March 4th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $70.11. Since that recommendation, shares of Stratasys have risen 18.9%. We continue to monitor SSYS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. In the past 52 weeks, Stratasys share prices have been bracketed by a low of $42.71 and a high of $92.30 and are now at $82.43, 93% above that low price. The 200-day and 50-day moving averages have moved 0.98% higher and 2.61% higher over the past week, respectively. 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 |
