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61.2% Return Seen to Date on SmarTrend Nimble Storage I Call (NMBL)

By Shiri Gupta

SmarTrend identified an Uptrend for Nimble Storage I (:NMBL) on March 2nd, 2016 at $7.75. In approximately 34 months, Nimble Storage I has returned 61.16% as of today's recent price of $12.49.

Over the past year, Nimble Storage I has traded in a range of $6.18 to $12.58 and is now at $12.49, 102% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Nimble Storage, Inc. provides enterprise storage and back-up solutions. The Company offers hybrid storage arrays, virtual server infrastructure, and flash memory for restoring and backups. Nimble Storage markets its products worldwide.

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

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

Keywords: spotlights :nmbl nimble storage i

Ticker(s): NMBL