TMCnet News
Uptrend Call Working As Illumina Stock Rises 40.5% (ILMN)Jul 19, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Illumina (NASDAQ:ILMN) on March 5th, 2013 at $52.88. In approximately 5 months, Illumina has returned 40.54% as of today's recent price of $74.32. In the past 52 weeks, shares of Illumina have traded between a low of $25.57 and a high of $79.40 and are now at $74.32, which is 191% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has advanced 1.0%. Illumina, Inc. develops, manufactures and markets integrated systems for the large scale analysis of genetic variation and biological function. The Company provides a comprehensive line of products and services that currently serve the sequencing, genotyping and gene expression markets for genomic research centers, pharmaceutical companies, academic institutions and biotechnology companies. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Illumina shares.Log in and add Illumina (ILMN) 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 [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 |