[May 17, 2012] Shares of IGTE Up 36.4% Since Uptrend Call on Shares Tweet May 17, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for iGate (NASDAQ:IGTE) on September 27th, 2011 at $12.41. In approximately 8 months, iGate has returned 36.42% as of today's recent price of $16.93. In the past 52 weeks, shares of iGate have traded between a low of $9.32 and a high of $19.97 and are now at $16.99, which is 82% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.3%. iGATE Corporation offers a range of information technology solutions to clients throughout the world. The Company's employees specialize in areas such as offshore outsourcing, enterprise applications, and information technology staffing, which are all available via a variety of delivery models. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of iGate shares.Log in and add iGate (IGTE) 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 ]