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Syneron Medical Up 51.3% Since SmarTrend Uptrend Call (ELOS)

By James Quinn

SmarTrend identified an Uptrend for Syneron Medical (NASDAQ:ELOS) on October 3rd, 2016 at $7.16. In approximately 8 months, Syneron Medical has returned 51.29% as of today's recent price of $10.83.

Over the past year, Syneron Medical has traded in a range of $6.10 to $12.90 and is now at $10.82, 77% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has remained constant.

Syneron Medical Ltd. designs, develops, and markets aesthetic medical products based on proprietary Electro-Optical Synergy, or ELOS technologies. The Company's products include Aurora - Hair Removal, Skin Treatment and Acne treatment systems.

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

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

Keywords: spotlights syneron medical

Ticker(s): ELOS