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IDEX Up 31.7% Since SmarTrend Uptrend Call (IEX)
Feb 28, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for IDEX (NYSE:IEX) on July 30th, 2012 at $38.59. In approximately 7 months, IDEX has returned 31.74% as of today's recent price of $50.84.
In the past 52 weeks, IDEX share prices have been bracketed by a low of $34.06 and a high of $51.20 and are now at $50.84, 49% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.3%.
IDEX Corporation designs, manufactures, and markets a variety of pump products, dispensing equipment, and other engineered products. The Company's products include industrial pumps, lubrication systems, banding and clamping devices, and rescue tools. IDEX markets its products to customers in the United States and overseas.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of IDEX shares.Log in and add IDEX (IEX) 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
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
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