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26.7% Return Seen to Date on SmarTrend Internet Initiative Japan Call (IIJI)

By David Diaz

SmarTrend identified an Uptrend for Internet Initiative Japan (NASDAQ:IIJI) on June 22nd, 2012 at $9.83. In approximately 5 months, Internet Initiative Japan has returned 26.72% as of today's recent price of $12.45.

In the past 52 weeks, shares of Internet Initiative Japan have traded between a low of $7.25 and a high of $14.18 and are now at $12.45, which is 72% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.2%.

Internet Initiative Japan Inc. provides Internet connection services for businesses. The Company also provides system integration services and sells system equipments. Internet Initiative Japan offers a variety of services, including network consulting, security, and Web hosting as well.

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

Log in and add Internet Initiative Japan (IIJI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights internet initiative japan

Ticker(s): IIJI