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28.7% Return Seen to Date on SmarTrend Conmed Corp Call (CNMD)

By Amy Schwartz

SmarTrend identified an Uptrend for Conmed Corp (NASDAQ:CNMD) on January 9th, 2018 at $53.61. In approximately 4 months, Conmed Corp has returned 28.71% as of today's recent price of $69.00.

In the past 52 weeks, Conmed Corp share prices have been bracketed by a low of $37.60 and a high of $69.55 and are now at $69.00, 84% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has advanced 0.8%.

CONMED Corporation provides orthopedic products, specializing in arthroscopy and powered surgical instruments. The Company develops, manufactures, and supplies surgical instruments and systems used in a range of surgical procedures. CONMED's products include arthroscopic surgery devices and powered surgical instruments, electrosurgery systems, and ECG electrodes for heart monitoring.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Conmed Corp shares.

Log in and add Conmed Corp (CNMD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights conmed corp

Ticker(s): CNMD