TMCnet - World's Largest Communications and Technology Community



Shares of CMTL Down 5.3% Since Downtrend Call on Shares
[December 10, 2012]

Shares of CMTL Down 5.3% Since Downtrend Call on Shares

Dec 10, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Comtech Telecommunications (NASDAQ:CMTL) on October 10th, 2012 at $27.02. In approximately 2 months, Comtech Telecommunications has returned 5.26% as of today's recent price of $25.60.

In the past 52 weeks, shares of Comtech Telecommunications have traded between a low of $22.33 and a high of $34.89 and are now at $25.60, which is 15% above that low price. The 200-day and 50-day moving averages have moved 0.41% lower and 0.89% lower over the past week, respectively.

Comtech Telecommunications Corp. designs, develops, and manufactures technology electronic products and systems. The Company's communications products are used worldwide for voice, data, facsimile, and video transmissions at microwave frequencies in satellite, over-the-horizon microwave, terrestrial line-of-sight, and wireless telecommunications.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Comtech Telecommunications.

Log in and add Comtech Telecommunications (CMTL) 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 --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

[ Back To's Homepage ]

Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2016 Technology Marketing Corporation. All rights reserved | Privacy Policy