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TMCNet:  27.8% Return Seen to Date on SmarTrend SurModics Call (SRDX)

[February 20, 2013]

27.8% Return Seen to Date on SmarTrend SurModics Call (SRDX)

Feb 20, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for SurModics (NASDAQ:SRDX) on November 30th, 2012 at $19.75. In approximately 3 months, SurModics has returned 27.80% as of today's recent price of $25.24.
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In the past 52 weeks, SurModics share prices have been bracketed by a low of $13.53 and a high of $25.89 and are now at $25.24, 87% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.9%.

SurModics, Inc. provides surface modification solutions to the medical device industry. The Company's primary focus is the commercialization of its PhotoLink process through third-party licensing arrangements. SurModics's process is a light-activated coating technology that modifies medical device surfaces by creating chemical bonds between those surfaces and a variety of chemical agents.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of SurModics shares.Log in and add SurModics (SRDX) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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