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Uptrend Call Working As Aixtron Stock Rises 25.3% (AIXG)
Apr 13, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Aixtron (NASDAQ:AIXG) on January 11th, 2012 at $14.41. In approximately 3 months, Aixtron has returned 25.30% as of today's recent price of $18.05.
Aixtron share prices have moved between a 52-week high of $44.04 and a 52-week low of $11.18 and are now trading 61% above that low price at $18.05 per share. Over the past week, the 200-day moving average (MA) has gone down 1.8% while the 50-day MA has advanced 1.4%.
Aixtron AG engineers and manufactures metal organic chemical vapor deposition (MOCVD) equipment for the semiconductor industry. The Company's customers use its equipment to produce compound semiconductor layer structures for use in LED, laser, solar cell, transistor, telecommunications, and other applications. Aixtron markets its products worldwide.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Aixtron shares.Log in and add Aixtron (AIXG) 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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