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Brightcove Shares Up 23.3% Since SmarTrend's Buy Recommendation (BCOV)

By Amy Schwartz

SmarTrend identified an Uptrend for Brightcove (NASDAQ:BCOV) on October 27th, 2017 at $7.79. In approximately 9 months, Brightcove has returned 23.27% as of today's recent price of $9.60.

In the past 52 weeks, shares of Brightcove have traded between a low of $6.20 and a high of $10.75 and are now at $9.60, which is 55% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.7%.

Brightcove Inc. provides video hosting and publishing services. The Company operates a video platform whose services include uploading and encoding, content management, players and styling, delivery, and live streaming. Brightcove offers its services globally.

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

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

Keywords: spotlights brightcove

Ticker(s): BCOV