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Uptrend Call Working As Stratasys Stock Rises 13.6% (SSYS)
Jan 16, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Stratasys (NASDAQ:SSYS) on December 18th, 2012 at $74.09. In approximately 4 weeks, Stratasys has returned 13.60% as of today's recent price of $84.16.
In the past 52 weeks, Stratasys share prices have been bracketed by a low of $32.87 and a high of $87.85 and are now at $84.48, 157% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.2% while the 50-day MA has advanced 1.4%.
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.
Write to Chip Brian at cbrian@mysmartrend.com
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