Stratasys Ltd. (SSYS) Shares are Up 9.35%

Stratasys Ltd. (SSYS) : Traders are bullish on Stratasys Ltd. (SSYS) as it has outperformed the S&P 500 by a wide margin of 10.44% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 9.17%, 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 9.35% in the last 1 week, and is up 9.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 8.36% and the 50-Day Moving Average is 11.56%.The 200 Day SMA reached 9.18%


Stratasys Ltd. (NASDAQ:SSYS): After opening at $24.2, the stock dipped to an intraday low of $24 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $25.16 and the buying power remained strong till the end. The stock closed at $24.09 for the day, a gain of 0.58% for the day session. The total traded volume was 1,584,967. The stocks close on the previous trading day was $24.09.

Stratasys Ltd. (SSYS) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $30 and the lowest price target forecast is $19. The average forecast of all the analysts is $24.11 and the expected standard deviation is $3.82.

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