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35.8% Return Seen to Date on SmarTrend Altera Call (ALTR)

By Shiri Gupta

SmarTrend identified an Uptrend for Altera (NASDAQ:ALTR) on March 27th, 2015 at $39.74. In approximately 19 months, Altera has returned 35.78% as of today's recent price of $53.96.

In the past 52 weeks, Altera share prices have been bracketed by a low of $43.40 and a high of $53.97 and are now at $53.96, 24% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

Altera Corporation designs, manufactures, and markets programmable logic devices and associated development tools. The Company's products, include a variety of programmable logic devices and hardcopy application-specific integrated circuits.

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

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

Keywords: spotlights Altera

Ticker(s): ALTR