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10.0% Return Seen to Date on SmarTrend Illumina Call (ILMN)
Dec 10, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Illumina (NASDAQ:ILMN) on September 14th, 2012 at $47.40. In approximately 3 months, Illumina has returned 9.99% as of today's recent price of $52.14.
Illumina share prices have moved between a 52-week high of $79.40 and a 52-week low of $25.57 and are now trading 105% above that low price at $52.45 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.9%.
Illumina, Inc. develops, manufactures and markets integrated systems for the large scale analysis of genetic variation and biological function. The Company provides a comprehensive line of products and services that currently serve the sequencing, genotyping and gene expression markets for genomic research centers, pharmaceutical companies, academic institutions and biotechnology companies.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Illumina shares.Log in and add Illumina (ILMN) 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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