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SmarTrend Watching for Potential Pullback in Shares of Dexcom After 14.13% Gain

By Amy Schwartz

Dexcom (NASDAQ:DXCM) traded in a range yesterday that spanned from a low of $242.27 to a high of $295.00. Yesterday, the shares gained 14.1%, which took the trading range above the 3-day high of $254.70 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Dexcom and will alert subscribers who have DXCM in their portfolio or watchlist when shares have changed trend direction.

Dexcom share prices have moved between a 52-week high of $295.00 and a 52-week low of $57.68 and are now trading 392% above that low price at $283.63 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 1.5%.

Keywords: rebounders dexcom

Ticker(s): DXCM