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Syneron Medical Has Returned 16.4% Since SmarTrend Recommendation (ELOS)
Jan 16, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Syneron Medical (NASDAQ:ELOS) on December 11th, 2012 at $8.41. In approximately 1 month, Syneron Medical has returned 16.36% as of today's recent price of $9.78.
Syneron Medical share prices have moved between a 52-week high of $14.92 and a 52-week low of $7.21 and are now trading 35% above that low price at $9.75 per share. The 200-day and 50-day moving averages have moved 0.2% lower and 0.16% higher over the past week, respectively.
Syneron Medical Ltd. designs, develops, and markets aesthetic medical products based on proprietary Electro-Optical Synergy, or ELOS technologies. The Company's products include Aurora - Hair Removal, Skin Treatment and Acne treatment systems.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Syneron Medical shares.Log in and add Syneron Medical (ELOS) 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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