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30.0% Return Seen to Date on SmarTrend Brocade Comm Sys Call (BRCD)

By Nick Russo

SmarTrend identified an Uptrend for Brocade Comm Sys (NASDAQ:BRCD) on October 31st, 2016 at $9.78. In approximately 9 months, Brocade Comm Sys has returned 29.96% as of today's recent price of $12.71.

Over the past year, Brocade Comm Sys has traded in a range of $8.50 to $12.72 and is now at $12.71, 50% above that low. The 200-day and 50-day moving averages have moved 0.49% lower and 1.26% lower over the past week, respectively.

Brocade Communications Systems, Inc. provides switching solutions for storage area networks (SAN). The Company offers switches, storage and software networking, routers, network automation, visibility, and analytics, transceivers, and network management products and services. Brocade Communications Systems serves customers worldwide.

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

Log in and add Brocade Comm Sys (BRCD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights brocade comm sys

Ticker(s): BRCD