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Masimo Up 52.3% Since SmarTrend Uptrend Call (MASI)

By Amy Schwartz

SmarTrend identified an Uptrend for Masimo (NASDAQ:MASI) on February 26th, 2016 at $39.09. In approximately 8 months, Masimo has returned 52.26% as of today's recent price of $59.52.

Masimo share prices have moved between a 52-week high of $60.81 and a 52-week low of $19.30 and are now trading 208% above that low price at $59.52 per share. The 200-day and 50-day moving averages have moved 0.20% higher and 1.40% higher over the past week, respectively.

Masimo Corporation designs, develops and licenses medical signal processing and sensor technology for the noninvasive monitoring of physiological parameters. The Company's first products are designed to improve the effectiveness of pulse oximetry by overcoming the inability of current monitors to precisely measure the levels of arterial blood oxygen saturation and low arterial blood flow.

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

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

Keywords: spotlights Masimo

Ticker(s): MASI