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Shares of Mindray Medical International Are Up on Strong Volume (MR)

Written on Tue, 01/22/2013 - 12:37pm
By Shiri Gupta

Shares of Mindray Medical International are trading up 3.0% to $36.43 today on above average volume. Today's volume of 1.3 million shares tops the average 30-day volume of 617,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is monitoring the recent change of momentum in Mindray Medical International. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Mindray Medical International in search of a potential trend change.

Over the past year, Mindray Medical International has traded in a range of $26.17 to $36.42 and is now at $36.37, 39% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

Keywords: unusual volume mindray medical international

Ticker(s): MR

Contact Shiri Gupta



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