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Uptrend Call Working As Iridex Corp Stock Rises 19.7% (IRIX)

By James Quinn

SmarTrend identified an Uptrend for Iridex Corp (NASDAQ:IRIX) on May 9th, 2018 at $6.68. In approximately 3 months, Iridex Corp has returned 19.70% as of today's recent price of $7.99.

Over the past year, Iridex Corp has traded in a range of $4.28 to $16.64 and is now at $7.99, 87% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.8%.

IRIDEX Corporation provides semiconductor-based laser systems used to treat eye disease and skin lesions. The Company's products are sold around the world. IRIDEX markets its medical products to the ophthalmic market and the dermatological market, and light solutions to the research market.

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

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

Keywords: spotlights iridex corp

Ticker(s): IRIX