• Return to Headlines

Shares of DXCM Up 38.8% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Dexcom (NASDAQ:DXCM) on October 7th, 2019 at $159.90. In approximately 2 months, Dexcom has returned 38.82% as of today's recent price of $221.97.

In the past 52 weeks, Dexcom share prices have been bracketed by a low of $57.68 and a high of $229.69 and are now at $221.97, 285% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.7%.

DexCom Inc. operates as a medical device company focused on the design and development of continuous glucose monitoring systems for people with diabetes. The Company has developed a small implantable device that continuously measures glucose levels in subcutaneous tissue just under the skin and a small external receiver to which the sensor transmits glucose levels at specified intervals.

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

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

Keywords: spotlights dexcom

Ticker(s): DXCM