[May 25, 2012] 15.3% Return Seen to Date on SmarTrend Coherent Call (COHR) Tweet May 25, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Coherent (NASDAQ:COHR) on April 10th, 2012 at $53.70. In approximately 2 month, Coherent has returned 15.27% as of today's recent price of $45.50. In the past 52 weeks, Coherent share prices have been bracketed by a low of $38.38 and a high of $59.86 and are now at $45.50, 19% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.6% while the 200-day MA has remained constant. Coherent, Inc. is a global company that manufactures and sells a variety of laser-based photonic products. The Company's products are used in manufacturing and instrumentation applications that include optical telecommunication, semiconductor manufacturing, inspection and test, advance packaging, and reprographics. The electro-optical market consists of Fortune 500 customers. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Coherent. Log in and add Coherent (COHR) 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 [email protected] --------------------------------------------------------------------------------------------- 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 http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]