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Shares of JDSU Up 21.4% Since Uptrend Call on Shares
Feb 13, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for JDS Uniphase (NASDAQ:JDSU) on January 10th, 2012 at $11.59. In approximately 1 month, JDS Uniphase has returned 21.40% as of today's recent price of $14.07.
JDS Uniphase share prices have moved between a 52-week high of $29.12 and a 52-week low of $8.59 and are now trading 64% above that low price at $14.07 per share. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has advanced 3.1%.
JDS Uniphase Corporation provides communications test & measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers. The Company also provides optical solutions for medical/environmental instrumentation, semiconductor processing, display, brand authentication, aerospace and defense, and decorative applications.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of JDS Uniphase shares.Log in and add JDS Uniphase (JDSU) 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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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
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