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49.8% Return Seen to Date on SmarTrend Tech Data Corp Call (TECD)

By Nick Russo

SmarTrend identified an Uptrend for Tech Data Corp (NASDAQ:TECD) on August 29th, 2019 at $96.29. In approximately 5 months, Tech Data Corp has returned 49.76% as of today's recent price of $144.20.

Over the past year, Tech Data Corp has traded in a range of $80.20 to $145.25 and is now at $144.20, 80% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.6%.

Tech Data Corporation is a wholesale distributor of technology products. The Company also provides its customers with advanced logistics capabilities and Value-added services. Tech Data serves value-added resellers, direct marketer, retailers and corporate resellers in more than 100 countries throughout North America, South America, Europe, the Middle East and Africa.

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

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

Keywords: spotlights tech data corp

Ticker(s): TECD