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Uptrend Call Working As Masimo Corp Stock Rises 23.2% (MASI)

By Nick Russo

SmarTrend identified an Uptrend for Masimo Corp (NASDAQ:MASI) on January 9th, 2019 at $110.35. In approximately 3 months, Masimo Corp has returned 23.25% as of today's recent price of $136.00.

Masimo Corp share prices have moved between a 52-week high of $141.05 and a 52-week low of $81.56 and are now trading 67% above that low price at $136.00 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.5%.

Masimo Corporation designs, develops, and licenses medical signal processing and sensor technology for the non-invasive monitoring of physiological parameters. The Company's products are designed to improve the effectiveness of pulse oximetry by overcoming the inability of current monitors to precisely measure the levels of arterial blood oxygen saturation and low arterial blood flow.

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

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

Keywords: spotlights masimo corp

Ticker(s): MASI