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Downtrend Call Working As Sigma Designs Stock Falls 9.3% (SIGM)
[December 17, 2012]

Downtrend Call Working As Sigma Designs Stock Falls 9.3% (SIGM)

Dec 17, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Sigma Designs (NASDAQ:SIGM) on September 6th, 2012 at $6.07. In approximately 3 months, Sigma Designs has returned 9.32% as of today's recent price of $5.50.

Over the past year, Sigma Designs has traded in a range of $4.65 to $7.20 and is now at $5.50, 18% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.6%.

Sigma Designs, Inc. designs, manufactures, and markets high-performance, System-on-a-Chip (SoC) semiconductors. The Company serves markets that include IPTV Set-top Boxes, Blu-ray players, HDTV's, digital media players, and ultra-wideband connectivity markets.

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

Log in and add Sigma Designs (SIGM) 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:

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