Abbott Laboratories, Boston Scientific, Medtronic and MAKO Surgical Under StockCall's Microscope
* Reuters is not responsible for the content in this press release.
For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130304:nPn3045859 LONDON, March 4, 2013 /PRNewswire/ -- Markets remained strong throughout last week despite concerns about spending cuts. Broader market indices remained bullish and The Dow Jones closed the week at 14,089.66, up 0.25 percent while NASDAQ was up 0.30 percent to close at 3,169.74. Similarly, S&P also ended at a positive note at 1,518.20, up 0.23 percent. Our research team took a look at healthcare sector, more precisely at the Medical Appliances & Equipment industry which includes major companies like Abbott Laboratories (NYSE: ABT), Boston Scientific Corporation (NYSE:BSX), Medtronic Inc. (NYSE: MDT) and MACO Surgical Corp. (NASDAQ: MAKO). StockCall has released full comprehensive research on ABT BSX MDT and MAKO and these free technical analyses can be downloaded by signing up at http://www.stockcall.com/technicalanalysis Abbott Laboratories stock closed at $33.60, 0.56 percent lower, on Friday. The stock traded in the range of $33.55 and $33.91 during the session and is currently below its 20-day moving average price of $33.62. It traded 14.60 million shares, in comparison to its usual daily volume of 12.90 million shares. Abbott Laboratories gained 2.6 percent so far this year. Its Price/Earnings ratio is 8.96. Abbott Laboratories stock is in a neutral phase and its first resistance level is at $33.69. On the downside, its first support is at $33.45. Upon breaching this level, its second support level is at $33.06. Free technical analysis on ABT available by signing up at http://www.StockCall.com/ABT030413.pdf Despite its downward movement in the latest trading session on Friday, Boston Scientific Corp. is still up 28.62 percent for the year. It has gained 22.83 percent in the past 52 weeks. The stock closed 0.27 percent lower at $7.37 on volume of 15.93 million shares. Its average trading volume stands at 26.09 million shares. Boston Scientific shares currently face resistance at around $7.70. The stock has support at around $6.90. It is currently trading above its 50-day moving average price of $6.78, which is a bullish signal. Register today and access the free research on BSX at http://www.StockCall.com/BSX030413.pdf Medtronic Inc. traded in the range of $44.51 and $45.31 during its previous trading session on Friday. It opened at $44.80 and closed at $45.23, up 0.60 percent. The stock is currently in a neutral mode and it has a first resistance level at $46.25. Upon breaching this level, Medtronic may go as high as $47.33. The stock traded 4.37 million shares and is currently above its 20-day moving average price. Its first support level is at $44.76, while its second support level stands at $43.88. So far in 2013, the stock is up 10.26 percent, while it gained more than 19 percent in the past 52 weeks. The free report on MDT can be downloaded by signing up now at http://www.StockCall.com/MDT030413.pdf Despite the upward movement shown by broad market indices, MACO Surgical's stock finished 0.31 percent lower at $12.75, with volume down from daily average of 1.34 million to 1.25 million shares. MACO Surgical Corp.'s stock lost 0.78 percent value so far in this year. However, the stock currently shows a neutral trend which is further confirmed by the stock's MACD chart. The company's shares have first support level at $12.16. Upon breaching this level, the stock may tumble down to $10.89. In the coming trading sessions, the stock is likely to go as high as $13.28. Its second resistance level is at $13.84. Free report on MAKO can be accessed by registering at http://www.StockCall.com/MAKO030413.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact Person:William T. Knight, Email: email@example.com, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
- Exclusive: Radar data suggests missing Malaysia plane deliberately flown way off course - sources
- Investigators focus on foul play behind missing Malaysia plane: sources |
- Kremlin website hit by 'powerful' cyber attack
- West prepares sanctions as Russia presses on with Crimea takeover |
- UPDATE 1-Rolls-Royce concurs with Malaysia on missing jet's engine data