ABIOMED Upward Momentum Looks to Continue (ABMD)
Thursday, March 4, 2010 - 19:44
Written on Thu, 03/04/2010 - 7:44pm
By Chip Brian

SmarTrend identified an Uptrend for ABIOMED (NASDAQ:ABMD) on February 09, 2010 at $9.13. In approximately 3 weeks, ABIOMED has returned 16.3% as of Thursday's closing price of $10.62.
ABIOMED is currently above its 50-day moving average of $8.86 and above its 200-day moving average of $8.53. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ABIOMED shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): ABMD

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.