SmarTrend Detects Continued Buying Pressure in Shares of Gen-Probe (GPRO)
SmarTrend identified an Uptrend for Gen-Probe (NASDAQ: GPRO) on October 07, 2009 at $44.31. In approximately 5 months, Gen-Probe has returned 7.2% as of today's recent price of $47.48.
Gen-Probe is currently above its 50-day moving average of $44.80 and above its 200-day moving average of $42.22. 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 Gen-Probe shares.
Write to Chip Brian at cbrian@tradethetrend.com
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