Cepheid Shares Down 8.2% Since SmarTrend's Sell Call (CPHD)
SmarTrend identified a Downtrend for Cepheid (NASDAQ:CPHD) on September 28th, 2012 at $34.59. In approximately 2 months, Cepheid has returned 8.20% as of today's recent price of $31.75.
In the past 52 weeks, Cepheid share prices have been bracketed by a low of $28.12 and a high of $46.00 and are now at $31.62, 12% above that low price. The 200-day and 50-day moving averages have moved 0.43% lower and 1.26% lower over the past week, respectively.
Cepheid, Inc. develops, manufactures, and markets microfluidic systems for analyzing nucleic acids in blood, urine, and other substances. The Company's technology is designed to detect infinitesimal amounts of disease-causing agents and contaminants in food and water and purify DNA and perform genetic profiling.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cepheid.
Log in and add Cepheid (CPHD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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