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Uptrend Call Working As EZchip Semiconductor Stock Rises 36.5% (EZCH)
Mar 23, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for EZchip Semiconductor (NASDAQ:EZCH) on January 19th, 2012 at $32.70. In approximately 2 months, EZchip Semiconductor has returned 36.54% as of today's recent price of $44.65.
Over the past year, EZchip Semiconductor has traded in a range of $26.55 to $45.75 and is now at $44.65, 68% above that low. The 200-day and 50-day moving averages have moved 0.65% higher and 3.42% higher over the past week, respectively.
EZchip Semiconductor Ltd. is a fabless semiconductor company that develops Ethernet network processors.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of EZchip Semiconductor shares.Log in and add EZchip Semiconductor (EZCH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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