SmarTrend identified an Uptrend for Philips Electronic (NYSE:PHG) on June 20th, 2012 at $19.30. In approximately 7 months, Philips Electronic has returned 60.25% as of today's recent price of $30.92.

Philips Electronic share prices have moved between a 52-week high of $30.93 and a 52-week low of $17.16 and are now trading 80% above that low price at $30.92 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.0%.

Koninklijke (Royal) Philips Electronics N.V. manufactures medical systems, domestic appliances, consumer electronics, and lighting. The Company produces imaging, ultrasound and healthcare informatics equipment, shaving and beauty and health and wellness products, displays, and peripherals, and lamps and luminaries.

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

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