Shares of BABY Up 18.9% Since Uptrend Call on Shares
SmarTrend identified an Uptrend for Natus Medical (NASDAQ:BABY) on April 25th, 2016 at $33.77. In approximately 6 months, Natus Medical has returned 18.89% as of today's recent price of $40.15.
In the past 52 weeks, shares of Natus Medical have traded between a low of $29.34 and a high of $51.05 and are now at $40.15, which is 37% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.9%.
Natus Medical Incorporated is a medical device company that develops, manufactures, and markets screening products. The Company's products identify and monitor common medical disorders that may occur between conception to a baby's first birthday. Natus is selling its ALGO products for newborn hearing screening, as well as its CO-Stat products for the evaluation of jaundice.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Natus Medical shares.
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Keywords: spotlights natus medical