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Aspen Technology Up 30.4% Since SmarTrend Uptrend Call (AZPN)

By Amy Schwartz

SmarTrend identified an Uptrend for Aspen Technology (NASDAQ:AZPN) on January 7th, 2019 at $84.51. In approximately 3 months, Aspen Technology has returned 30.39% as of today's recent price of $110.19.

In the past 52 weeks, shares of Aspen Technology have traded between a low of $74.84 and a high of $118.86 and are now at $110.19, which is 47% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.3%.

Aspen Technology, Inc. supplies process optimization software products and services. The Company's customers are in energy, chemicals, engineering and construction, and other industries that manufacture and produce products from a chemical process. Aspen Technology customers use the products to design and run their plants and manage their supply chains.

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

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

Keywords: spotlights aspen technology

Ticker(s): AZPN