Masimo

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Masimo ( MASI) is a medical technology company that develops, manufactures, and markets non-invasive patient monitoring products that help clinicians improve patient care. The stock is trading up 3.8% at $22.42 in recent trading.

Today's Volume: 1.4 million

Average Volume: 532,392

Volume % Change: 317%

From a technical perspective, MASI is getting very close to triggering a breakout trade if this stock can manage to take out some near-term overhead resistance levels soon. Those levels are at $22.89 and then its 200-day moving average of $24.09. The last bit of major overhead resistance for MASI sits at $25.02.

Traders should look for long-biased trades if MASI can take out all of those levels on a closing basis with volume. Look for volume that's near or well above 532,392 shares. Masimo shows up on a list of 7 Health Care Stocks for 2012.

If you liked this article you might like

Alnylam Shares Skyrocket on Clinical Study Results - Biotech Movers

Intra-Cellular Leaps; Schizophrenia Drug Shows Less Side Effects-Biotech Movers

Tesla's Rally Has Died: Stock Falls to Sixth Worst Performer in Russell 1000

Biotech Movers: Inovio, Neurocrine, Alnylam

Biotech Movers: Ionis, Alnylam, Amicus, Minerva