[May 17, 2012] Uptrend Call Working As Mellanox Technologies Stock Rises 61.0% (MLNX) Tweet May 17, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Mellanox Technologies (NASDAQ:MLNX) on January 26th, 2012 at $36.03. In approximately 4 months, Mellanox Technologies has returned 61.00% as of today's recent price of $58.00. Over the past year, Mellanox Technologies has traded in a range of $24.51 to $67.20 and is now at $58.00, 137% above that low. The 200-day and 50-day moving averages have moved 0.96% higher and 2.85% higher over the past week, respectively. Mellanox Technologies Ltd. designs and develops semiconductor-based, high-performance interconnect products. The Company's products facilitate data transmission between servers and storage systems through communications infrastructure equipment. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Mellanox Technologies shares.Log in and add Mellanox Technologies (MLNX) 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 [ Back To TMCnet.com's Homepage ]