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TMCNet:  Downtrend Call Working As Stratasys Stock Falls 14.6% (SSYS)

[February 23, 2013]

Downtrend Call Working As Stratasys Stock Falls 14.6% (SSYS)

Feb 23, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Stratasys (NASDAQ:SSYS) on January 29th, 2013 at $78.90. In approximately 3 weeks, Stratasys has returned 14.57% as of today's recent price of $67.40.

Over the past year, Stratasys has traded in a range of $32.87 to $92.30 and is now at $67.40, 105% above that low. The 200-day and 50-day moving averages have moved 0.51% higher and 0.32% lower over the past week, respectively.

Stratasys, Inc. develops, manufactures, and markets rapid prototyping systems. The Company's systems enable engineers and designers to create physical models, tooling, and prototypes out of plastic and other materials directly from a computer aided design workstation.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Stratasys.

Log in and add Stratasys (SSYS) 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 --------------------------------------------------------------------------------------------- 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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