|
Cyberonics Rising Today on Above-Average Volume (CYBX)
Feb 04, 2013 (SmarTrend(R) News Watch via COMTEX) --
Cyberonics's stock is up 8.3% to $48.04 on heavy trading volume. Today's volume of 1.4 million shares tops the average 30-day volume of 664,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.
SmarTrend is monitoring the recent change of momentum in Cyberonics. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cyberonics in search of a potential trend change.
In the past 52 weeks, shares of Cyberonics have traded between a low of $33.48 and a high of $56.73 and are now at $48.01, which is 43% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has declined 1%.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
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/signup
[ Back To Technology News's Homepage ]
|