CLZR - Sector: Healthcare---Industry: Medical Equipment & Supplies

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Profile:  

 
Candela Corp.
530 Boston Post Road
Wayland, MA 01778
United States - Map
Phone: 508-358-7400
Fax: 508-358-5602
Web Site: http://www.candelalaser.com

DETAILS  
Index Membership: N/A
Sector: Healthcare
Industry: Medical Appliances & Equipment
Full Time Employees: 405


BUSINESS SUMMARY  
Candela Corporation engages in the development and commercialization of aesthetic laser and light-based systems that allow physicians and personal care practitioners to treat various cosmetic and medical conditions worldwide. The company's product line includes GentleMax, an aesthetic treatment workstation; AlexTriVantage for the treatment of pigmented lesion and tattoo colors removal; SmoothPeel for laser peels; and Serenity Pro—Revolutionary Pneumatic Skin Flattening technology for pain reduction in laser and intense pulse light treatments. It also provides GentleLASE family of lasers for the treatment of permanent hair reduction, vascular lesions, wrinkle reduction, and treatment of pigmented lesion; GentleYAG family of lasers, which provide permanent hair reduction for skin type, including tanned or dark skin, treatment of beard bumps, leg and facial veins, and skin tightening; Vbeam, which eliminates vascular lesions including port wine stain birthmarks, rosacea, leg and facial veins, and provides skin rejuvenation by the reduction of diffuse redness and pigmentation, scars, warts, psoriasis, and hemangiomas; and Smoothbeam diode laser for treatment of acne and acne scars, sebaceous hyperplasia, and wrinkle reduction. It markets its products directly and through a network of distributors to plastic surgeons and dermatologists, general practitioners, family care practitioners, obstetricians and gynecologists, and general and vascular surgeons. The company was founded in 1969 and is headquartered in Wayland, Massachusetts.

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CLZR - Volume Alert.......


Falling Wedge (Reversal) Pattern
The falling wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout.

The falling wedge can also fit into the continuation category. As a continuation pattern, the falling wedge will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns.

As with rising wedges, the falling wedge can be one of the most difficult chart patterns to accurately recognize and trade. When lower highs and lower lows form, as in a falling wedge, a security remains in a downtrend. The falling wedge is designed to spot a decrease in downside momentum and alert technicians to a potential trend reversal. Even though selling pressure may be diminishing, demand does not win out until resistance is broken. As with most patterns, it is important to wait for a breakout and combine other aspects of technical analysis to confirm signals.



52wk Range: 0.27 - 3.30
Volume: 2,447,319
Avg Vol (3m): 179,276

Technicals
Percentage Gainer

Last Price Quote is:
79.57%above 13-day MA
96.96%above 50-day MA
RS Rating: 96 

Fundamentals
Earnings Expected on Apr 15

Key Data:
Market Cap (M): $13.05 
P/E Ratio: 49.75 
PEG Ratio: N/A 
Next Earnings: 04/15/2009
Last Analyst Rating: Neut

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updated chart look... 

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updated chart look...