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Cepheid Falling Today on Above-Average Volume (CPHD)

By David Diaz

Shares of Cepheid are trading down 0.1% to $52.41 today on above average volume. Today's volume of 1.1 million shares tops the average 30-day volume of 788,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Cepheid on June 20th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $29.75. Since that recommendation, shares of Cepheid have risen 76.3%. We continue to monitor CPHD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Cepheid has traded in a range of $25.09 to $63.69 and is now at $52.38, 109% above that low. The 200-day and 50-day moving averages have moved 1.22% lower and 0.76% lower over the past week, respectively.

Keywords: unusual volume cepheid

Ticker(s): CPHD