TMCnet News
Advanced Analogic Technologies: The Trend Continues Higher (AATI)Feb 02, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Advanced Analogic Technologies (NASDAQ:AATI) on September 28, 2010 at $3.61. In approximately 4 months since that trend was identified, Advanced Analogic Technologies has returned 15.2% as of today's recent price of $4.16. In the past 52 weeks, shares of Advanced Analogic Technologies have traded between a low of $2.84 and a high of $4.74 and are now at $4.16, which is 46% above that low price. Advanced Analogic Technologies is currently above its 50-day moving average of $4.01 and above its 200-day moving average of $3.63. Look for these moving averages to climb to confirm the company's upward momentum. In the last five trading sessions, the 50-day MA has climbed 0.68% while the 200-day MA has remained constant. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Advanced Analogic Technologies shares. 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 |
