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Dexcom Up 20.6% Since SmarTrend Uptrend Call (DXCM)

By James Quinn

SmarTrend identified an Uptrend for Dexcom (NASDAQ:DXCM) on August 2nd, 2018 at $120.23. In approximately 1 month, Dexcom has returned 20.60% as of today's recent price of $145.00.

In the past 52 weeks, Dexcom share prices have been bracketed by a low of $42.62 and a high of $148.56 and are now at $145.00, 240% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 2.2% while the 50-day MA has advanced 3.4%.

DexCom Inc. is a medical device company focused on the design and development of continuous glucose monitoring systems for people with diabetes. The Company has developed a small implantable device that continuously measures glucose levels in subcutaneous tissue just under the skin, and a small external receiver to which the sensor transmits glucose levels at specified intervals.

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

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

Keywords: spotlights dexcom

Ticker(s): DXCM