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Given Imaging Shares Up 17.8% Since SmarTrend's Buy Recommendation (GIVN)
Jan 01, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Given Imaging (NASDAQ:GIVN) on October 1st, 2012 at $14.83. In approximately 3 months, Given Imaging has returned 17.80% as of today's recent price of $17.47.
Over the past year, Given Imaging has traded in a range of $12.14 to $22.92 and is now at $17.47, 44% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has slid 0.2%.
Given Imaging Ltd. has developed the Given imaging diagnostic system. The Company's product is a proprietary wireless imaging system that allows a medical professional to examine the gastrointestinal tract. Given's system uses a miniaturized video camera contained in a capsule that is ingested by the patient and delivers color images in a painless and noninvasive manner.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Given Imaging shares.Log in and add Given Imaging (GIVN) 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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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
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