[April 25, 2013] Magnetek Has Returned 17.3% Since SmarTrend Recommendation (MAG) Tweet Apr 25, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Magnetek (NYSE:MAG) on March 22nd, 2013 at $13.55. In approximately 1 month, Magnetek has returned 17.31% as of today's recent price of $15.89. Over the past year, Magnetek has traded in a range of $8.61 to $19.44 and is now at $15.89, 85% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.2%. Magnetek, Inc. develops, manufactures, and markets digital power and motion control systems for material handling, people-moving, alternative energy, mining, and communications applications. The Company's products include power controls and motion controls that are sold to original equipment manufacturers, system integrators, and distributors. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Magnetek shares.Log in and add Magnetek (MAG) 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 ]