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24.3% Return Seen to Date on SmarTrend Cypress Semiconductor Call (CY)

By James Quinn

SmarTrend identified an Uptrend for Cypress Semiconductor (NYSE:CY) on November 22nd, 2016 at $11.08. In approximately 5 months, Cypress Semiconductor has returned 24.33% as of today's recent price of $13.77.

In the past 52 weeks, shares of Cypress Semiconductor have traded between a low of $6.30 and a high of $14.98 and are now at $13.77, which is 119% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 1.7%.

Cypress Semiconductor Corporation designs, develops, manufactures, and markets a line of digital and mixed-signal integrated circuits. The Company's circuits are used in the data communications, telecommunications, computers, and instrumentation systems markets. Cypress' products are marketed worldwide through a network of sales offices, distributors, and sales representative firm.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cypress Semiconductor shares.

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

Keywords: spotlights cypress semiconductor

Ticker(s): CY