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Uptrend Call Working As Pacific Bioscien Stock Rises 90.8% (PACB)

By James Quinn

SmarTrend identified an Uptrend for Pacific Bioscien (NASDAQ:PACB) on May 18th, 2018 at $2.72. In approximately 4 months, Pacific Bioscien has returned 90.79% as of today's recent price of $5.18.

In the past 52 weeks, Pacific Bioscien share prices have been bracketed by a low of $2.02 and a high of $5.70 and are now at $5.18, 156% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.7% while the 200-day MA has risen 0.8%.

Pacific Biosciences of California Inc. designs, develops, and manufactures sequencing systems to help scientists resolve genetically complex problems. The Company offers Single Molecule and Real-Time (SMRT) technology that enables real-time analysis of biomolecules with single molecule resolution.

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

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

Keywords: spotlights pacific bioscien

Ticker(s): PACB