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16.4% Return Seen to Date on SmarTrend Meridian Bioscience Call (VIVO)
Jan 30, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Meridian Bioscience (NASDAQ:VIVO) on August 15th, 2012 at $18.23. In approximately 6 months, Meridian Bioscience has returned 16.45% as of today's recent price of $21.22.
Meridian Bioscience share prices have moved between a 52-week high of $21.66 and a 52-week low of $16.19 and are now trading 31% above that low price at $21.22 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.
Meridian Bioscience, Inc. manufactures, markets, and distributes diagnostic test kits, purified reagents, and related products. The Company also offers bio- pharmaceutical enabling technologies. Meridian specializes in gastrointestinal and upper respiratory infections, serology, parasitology, and fungal disease diagnosis, as well as rare reagents and specialty biologicals.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Meridian Bioscience shares.Log in and add Meridian Bioscience (VIVO) 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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