Uptrend Call Working As Stratasys Stock Rises 24.0% (SSYS)
SmarTrend identified an Uptrend for Stratasys (NASDAQ:SSYS) on October 5th, 2012 at $62.95. In approximately 2 months, Stratasys has returned 24.03% as of today's recent price of $78.08.
In the past 52 weeks, shares of Stratasys have traded between a low of $27.36 and a high of $79.25 and are now at $78.08, which is 185% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has declined 0.6%.
Stratasys, Inc. develops, manufactures, and markets rapid prototyping systems. The Company's systems enable engineers and designers to create physical models, tooling, and prototypes out of plastic and other materials directly from a computer aided design workstation.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Stratasys shares.
Log in and add Stratasys (SSYS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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