Uptrend Spotted in Shares of NMT Medical (NMTI)
SmarTrend identified an Uptrend for NMT Medical (NASDAQ: NMTI) on December 09, 2009 at $2.27. In approximately 3 months, NMT Medical has returned 91.2% as of today's recent price of $4.34.
NMT Medical is currently above its 50-day moving average of $2.45 and above its 200-day moving average of $2.08. 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 NMT Medical shares.
Write to Chip Brian at cbrian@tradethetrend.com
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