Abbott Laboratories, Boston Scientific, Medtronic and MAKO Surgical Under StockCall's Microscope

  Abbott Laboratories, Boston Scientific, Medtronic and MAKO Surgical Under
                            StockCall's Microscope

PR Newswire

LONDON, March 4, 2013

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

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 

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

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 

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 

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Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
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