SmarTrend identified an Uptrend for Quidel (NASDAQ:QDEL) on December 3rd, 2012 at $17.95. In approximately 1 month, Quidel has returned 18.86% as of today's recent price of $21.33.

Over the past year, Quidel has traded in a range of $11.60 to $22.80 and is now at $21.45, 85% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.6% while the 200-day MA has risen 0.7%.

Quidel Corporation discovers, develops, manufactures, and markets rapid diagnostic products for point-of-care detection of human medical conditions and illnesses. The Company's products provide diagnoses for acute and chronic conditions in the areas of women's health and infectious diseases. Quidel's products are sold to professionals and to consumers.

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

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