Masimo Breaks Above 200-Day Moving Average - Bullish for MASI


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In trading on Tuesday, shares of Masimo Corp. (Symbol: MASI) crossed above their 200 day moving average of $27.10, changing hands as high as $27.59 per share. Masimo Corp. shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of MASI shares, versus its 200 day moving average: Masimo Corp. 200 Day Moving Average Chart

Looking at the chart above, MASI's low point in its 52 week range is $19.47 per share, with $32.16 as the 52 week high point - that compares with a last trade of $27.57.

According to the ETF Finder at ETF Channel, MASI makes up 1.64% of the SPDR S&P Health Care Equipment ETF (Symbol: XHE) which is trading relatively unchanged on the day Tuesday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Investing Ideas
Referenced Stocks: MASI , XHE

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