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9.7% Return Seen to Date on SmarTrend Orthofix Intl Call (OFIX)

By James Quinn

SmarTrend identified a Downtrend for Orthofix Intl (NASDAQ:OFIX) on February 27th, 2019 at $60.13. In approximately 3 months, Orthofix Intl has returned 9.69% as of today's recent price of $54.30.

Over the past year, Orthofix Intl has traded in a range of $47.79 to $74.44 and is now at $54.30, 14% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.4%.

Orthofix International N.V. develops, produces, and markets medical devices. The Company offers spine fixation, biological, and other orthopedic and spine solutions. Orthofix International serves the healthcare sector globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Orthofix Intl.

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

Keywords: spotlights orthofix intl

Ticker(s): OFIX