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Tekelec Shares Up 25.6% Since SmarTrend's Buy Recommendation (TKLC)
Feb 14, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Tekelec (NASDAQ:TKLC) on October 19th, 2011 at $8.76. In approximately 4 months, Tekelec has returned 25.64% as of today's recent price of $11.00.
Over the past year, Tekelec has traded in a range of $5.64 to $11.49 and is now at $11.00, 95% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.
Tekelec designs, manufactures, markets, and supports network systems products, diagnostics systems, and selected service applications for telecommunications networks and contact centers. The Company's customers include telecommunications carriers, network service providers, equipment manufacturers, and contact center operators.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Tekelec shares.Log in and add Tekelec (TKLC) 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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