Stratasys Ltd. (NASDAQ:SSYS) : Traders are bullish on Stratasys Ltd. (NASDAQ:SSYS) as it has outperformed the S&P 500 by a wide margin of 8.42% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.47%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.76% in the last 1 week, and is up 10.17% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -31.39% from its 1 Year high price. On Jul 28, 2015, the shares registered one year high at $37.82 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $22.14 and the 200 Day Moving Average price is recorded at $22.11.
The stock has recorded a 20-day Moving Average of 5.91% and the 50-Day Moving Average is 5.05%.
Stratasys Ltd. (NASDAQ:SSYS): stock turned positive on Friday. Though the stock opened at $22.45, the bulls momentum made the stock top out at $23.25 level for the day. The stock recorded a low of $22.22 and closed the trading day at $23.19, in the green by 4.22%. The total traded volume for the day was 1,120,356. The stock had closed at $22.25 in the previous days trading.