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Shares of ALLT Down 46.4% Since Downtrend Call on SharesMay 21, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Allot Communications (NASDAQ:ALLT) on September 26th, 2012 at $24.46. In approximately 8 months, Allot Communications has returned 46.35% as of today's recent price of $13.12. Allot Communications share prices have moved between a 52-week high of $29.05 and a 52-week low of $10.75 and are now trading 22% above that low price at $13.12 per share. The 200-day and 50-day moving averages have moved 0.9% lower and 0.11% higher over the past week, respectively. Allot Communications Ltd. designs and develops broadband service optimization solutions using advanced deep packet inspection (DPI) technology. The Company provides their customers with real-time highly granular visibility into network traffic and enables them to effectively manage and optimize their networks. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Allot Communications. Log in and add Allot Communications (ALLT) 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 |
