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20.2% Return Seen to Date on SmarTrend Silicon Laboratories Call (SLAB)May 25, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Silicon Laboratories (NASDAQ:SLAB) on March 5th, 2012 at $42.58. In approximately 3 months, Silicon Laboratories has returned 20.20% as of today's recent price of $33.98. In the past 52 weeks, Silicon Laboratories share prices have been bracketed by a low of $30.36 and a high of $48.50 and are now at $33.98, 12% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.7%. Silicon Laboratories Inc. designs and develops analog-intensive, mixed-signal integrated circuits (ICs) for the wireless, wireline, and optical communications industries. Mixed-signal ICs are electronic components that process both digital signals and real-world analog signals, such as sound and radio waves. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Silicon Laboratories. Log in and add Silicon Laboratories (SLAB) 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 |
