Cepheid Bullish Moving Average Crossover Alert (CPHD)
Today, shares of Cepheid (NASDAQ:CPHD) have advanced above their 10-day MA of $48.76 on a volume of 177K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Cepheid have traded between a low of $30.95 and a high of $54.45 and are now at $49.38, which is 60% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.6%.
SmarTrend recommended that subscribers consider buying shares of Cepheid on September 5th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $37.73. Since that recommendation, shares of Cepheid have risen 28.9%. We continue to monitor CPHD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses cepheid