FLIR Systems (FLIR) Shares are Up 3.75%

FLIR Systems (FLIR) : Traders are bullish on FLIR Systems (FLIR) as it has outperformed the S&P 500 by a margin of 4.35% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.11%, 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 3.75% in the last 1 week, and is up 11.4% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

FLIR Systems (NASDAQ:FLIR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.91 and $32.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.23, notching a gain of 1.16% for the day. The total traded volume was 809,086 . The stock had closed at $32.85 on the previous day.


The stock has recorded a 20-day Moving Average of 5.56% and the 50-Day Moving Average is 7.07%. FLIR Systems, Inc. is up 0.17% in the last 3-month period. Year-to-Date the stock performance stands at 19.34%.

FLIR Systems, Inc. (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and advanced threat-detection solutions. The Companys operating segments include: Surveillance, Instruments, OEM and Emerging Markets, Maritime, Security and Detection. The Surveillance segment provides enhanced imaging and recognition solutions. The Instruments segments provide devices that image, measure and assess thermal energy, gases and related elements. The OEM and Emerging Markets segment provides thermal imaging camera cores and components. The Maritime segment develops and manufactures electronics and imaging instruments. The Security segment develops and manufactures cameras and video recording systems. The Detection segment offers sensors, instruments and integrated platform solutions for the detection, identification and suppression of chemical and other related threats.

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