• Return to Headlines

Adtran Inc Has Returned 25.1% Since SmarTrend Recommendation (ADTN)

By Nick Russo

SmarTrend identified a Downtrend for Adtran Inc (NASDAQ:ADTN) on July 18th, 2019 at $14.13. In approximately 4 weeks, Adtran Inc has returned 25.05% as of today's recent price of $10.59.

Over the past year, Adtran Inc has traded in a range of $10.21 to $19.30 and is now at $10.60, 4% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 2% while the 200-day MA has slid 0.3%.

ADTRAN, Inc. designs, develops, manufactures, markets, and services a variety of high-speed digital transmission products. The Company's products are used by telephone companies and corporate end-users to implement advanced digital data services over existing telephone networks. ADTRAN also offers a line of multiplexers which provides modular flexibility.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Adtran Inc.

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

Keywords: spotlights adtran inc

Ticker(s): ADTN