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Shares of AXDX Down 21.8% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Accelerate Diagn (NASDAQ:AXDX) on February 20th, 2020 at $16.06. In approximately 2 weeks, Accelerate Diagn has returned 21.83% as of today's recent price of $12.55.

In the past 52 weeks, shares of Accelerate Diagn have traded between a low of $11.00 and a high of $24.00 and are now at $12.55, which is 14% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has slid 0.6%.

Accelerate Diagnostics, Inc. operates as a vitro diagnostics company. The Company develops diagnostic systems for bacterial infections. Accelerate Diagnostics serves the healthcare sector globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Accelerate Diagn.

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

Keywords: spotlights accelerate diagn

Ticker(s): AXDX