Illumina (ILMN) Shares are Up 10.34%

Illumina (ILMN) : Traders are bullish on Illumina (ILMN) as it has outperformed the S&P 500 by a wide margin of 14.36% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 10.41%, 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 10.34% in the last 1 week, and is up 18.21% 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 12.6% and the 50-Day Moving Average is 15.61%. Illumina Inc. is up 23.23% in the last 3-month period. Year-to-Date the stock performance stands at -13.34%.


Illumina (NASDAQ:ILMN): On Fridays trading session , Opening price of the stock was $165.97 with an intraday high of $166.6299. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $163.11. However, the stock managed to close at $166.35, a loss of 0.04% for the day. On the previous day, the stock had closed at $166.42. The total traded volume of the day was 1,217,434 shares.

Illumina, Inc. is engaged in production development of sequencing-and array-based solutions for genetic analysis. The Company offers integrated systems, consumables and analysis tools for genetic analysis. It also manufactures sequencing and array platforms, reagent kits and scanning equipment. Its customers include genomic research centers, academic institutions, government laboratories, hospitals and reference laboratories, pharmaceutical, biotechnology, agrigenomics, commercial molecular diagnostic and consumer genomics companies. Its sequencing instruments perform a range of nucleic-acid analyses across a range of sample sizes. Its products and services are used for basic analysis and research, including de novo sequencing, genetic variation analysis, epigenetics and targeted screening, among others. It also provides products and services for other life sciences applied markets, such as agrigenomics. It also offers Clarity Run Manager, Clarity LIMS Silver and Clarity LIMS Gold.

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