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Amer Supercondtr Has Returned 29.8% Since SmarTrend Recommendation (AMSC)

By Shiri Gupta

SmarTrend identified an Uptrend for Amer Supercondtr (NASDAQ:AMSC) on January 5th, 2018 at $4.40. In approximately 2 months, Amer Supercondtr has returned 29.77% as of today's recent price of $5.71.

In the past 52 weeks, shares of Amer Supercondtr have traded between a low of $2.89 and a high of $9.63 and are now at $5.71, which is 98% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 2.2% while the 50-day MA has advanced 5.4%.

American Superconductor Corporation is an energy technologies company. The Company offers solutions based upon its programmable power electronic converters and high temperature superconductor (HTS) wires. American Superconductor serves the utility, industrial and wind power markets globally.

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

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

Keywords: spotlights amer supercondtr

Ticker(s): AMSC