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Masimo Corp Rising on Above-Average Volume, Consistent With Trend (MASI)

By Nick Russo

Shares of Masimo Corp are trading up 0.8% to $122.50 today on above average volume. About 551,000 shares have been traded today, as compared to the 30-day average volume of 430,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Masimo Corp on August 2nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $105.25. Since that recommendation, shares of Masimo Corp have risen 15.5%. We continue to monitor MASI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Masimo Corp share prices have been bracketed by a low of $48.07 and a high of $124.00 and are now at $122.03, 154% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.6%.

Keywords: unusual volume masimo corp

Ticker(s): MASI