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Shares of ICUI Up 74.2% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Icu Medical (NASDAQ:ICUI) on March 21st, 2016 at $99.62. In approximately 18 months, Icu Medical has returned 74.17% as of today's recent price of $173.50.

In the past 52 weeks, shares of Icu Medical have traded between a low of $103.21 and a high of $176.50 and are now at $173.50, which is 68% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

ICU Medical, Inc. develops, manufactures, and sells disposable medical connection systems for use in intravenous (IV) therapy applications. The Company's products are designed to prevent accidental disconnection of IV lines and to protect healthcare workers and their patients from the spread of infectious disease such as Hepatitis B and Human Immunodeficiency Virus (HIV).

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

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

Keywords: spotlights icu medical

Ticker(s): ICUI