Cepheid: The Trend Continues Higher (CPHD)
SmarTrend identified an Uptrend for Cepheid (NASDAQ: CPHD) on January 06, 2010 at $13.93. In approximately 1 month, Cepheid has returned 11.4% as of today's recent price of $15.52.
Cepheid is currently above its 50-day moving average of $13.90 and above its 200-day moving average of $12.30. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cepheid shares.
Write to Chip Brian at cbrian@tradethetrend.com
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