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44.0% Return Seen to Date on SmarTrend Allot Communications Call (ALLT)
Jan 11, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for Allot Communications (NASDAQ:ALLT) on September 26th, 2012 at $24.46. In approximately 4 months, Allot Communications has returned 44.02% as of today's recent price of $13.69.
In the past 52 weeks, shares of Allot Communications have traded between a low of $13.15 and a high of $29.05 and are now at $13.69, which is 4% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 3.9%.
Allot Communications Ltd. designs and develops broadband service optimization solutions using advanced deep packet inspection (DPI) technology. The Company provides their customers with real-time highly granular visibility into network traffic and enables them to effectively manage and optimize their networks.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Allot Communications.
Log in and add Allot Communications (ALLT) 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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