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blue-chip

One NASDAQ - Listed Health Care Equipment Stock at Resistance Level: DXCM

Jan 27, 2025 | Team Kalkine
One NASDAQ - Listed Health Care Equipment Stock at Resistance Level: DXCM
Image source: shutterstock

DXCM:NASDAQ
Investment Type
Large-cap
Risk Level
Action
Rec. Price (US$)

DexCom, Inc

DexCom, Inc. (NASDAQ: DXCM) is a medical device company specializing in continuous glucose monitoring (CGM) systems. It empowers individuals to manage their health in real-time and focuses on advancing diabetes care technology. By addressing the needs of patients, caregivers, and healthcare providers, DexCom strives to simplify and enhance diabetes management globally. The company's primary mission is to design, develop, and commercialize CGM systems to support diabetes management for users, their support networks, and clinicians worldwide.

As per our previous Kalkine’s American Tech Report on ‘DXCM’ on 26th November 2024, Kalkine provided an Buystance on the stock at USD 77.83 based on technical analysis and the stock price has now moved by ~13.02% since then and has breached resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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