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Nanostring Techn Down 17.8% Since SmarTrend Downtrend Call (NSTG)

By David Diaz

SmarTrend identified a Downtrend for Nanostring Techn (NASDAQ:NSTG) on January 10th, 2017 at $18.80. In approximately 8 months, Nanostring Techn has returned 17.82% as of today's recent price of $15.45.

In the past 52 weeks, Nanostring Techn share prices have been bracketed by a low of $11.89 and a high of $23.45 and are now at $15.45, 30% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.9% while the 200-day MA has remained constant.

NanoString Technologies, Inc. develops solutions and life science tools for translational research and molecular diagnostics. The Company offers profiling technology for gene transcripts and copy number variations. NanoString technology serves customers in the United States.

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

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

Keywords: spotlights nanostring techn

Ticker(s): NSTG