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11.4% Return Seen to Date on SmarTrend Ceva Inc Call (CEVA)

By David Diaz

SmarTrend identified a Downtrend for Ceva Inc (NASDAQ:CEVA) on October 3rd, 2019 at $28.63. In approximately 2 months, Ceva Inc has returned 11.40% as of today's recent price of $25.37.

In the past 52 weeks, shares of Ceva Inc have traded between a low of $20.40 and a high of $33.16 and are now at $25.36, which is 24% above that low price. The 200-day and 50-day moving averages have moved 0.17% lower and 0.91% lower over the past week, respectively.

CEVA, Inc. licenses DSP-based platforms applications to the semiconductor industry. The Company markets IPs for vision, audio, communications, and connectivity. CEVA serves a range of end markets, including mobile, consumer, automotive, and industrial.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ceva Inc.

Log in and add Ceva Inc (CEVA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ceva inc

Ticker(s): CEVA