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Illumina Shares Up 26.5% Since SmarTrend's Buy Recommendation (ILMN)

By Shiri Gupta

SmarTrend identified an Uptrend for Illumina (NASDAQ:ILMN) on January 6th, 2017 at $139.64. In approximately 5 months, Illumina has returned 26.47% as of today's recent price of $176.60.

Illumina share prices have moved between a 52-week high of $242.37 and a 52-week low of $25.57 and are now trading 591% above that low price at $176.60 per share. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has declined 0.8%.

Illumina, Inc. develops, manufactures and markets integrated systems for the large scale analysis of genetic variation and biological function. The Company provides a comprehensive line of products and services that currently serve the sequencing, genotyping and gene expression markets for genomic research centers, pharmaceutical companies, academic institutions and biotechnology companies.

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

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

Keywords: spotlights illumina

Ticker(s): ILMN