• Return to Headlines

Cabot Microelec Up 15.2% Since SmarTrend Uptrend Call (CCMP)

By Nick Russo

SmarTrend identified an Uptrend for Cabot Microelec (NASDAQ:CCMP) on August 16th, 2019 at $121.10. In approximately 4 weeks, Cabot Microelec has returned 15.19% as of today's recent price of $139.50.

Cabot Microelec share prices have moved between a 52-week high of $140.30 and a 52-week low of $82.24 and are now trading 70% above that low price at $139.50 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.5%.

Cabot Microelectronics Corporation, together with its subsidiaries, develops, manufactures, and sells polishing slurries and pads used in the manufacture of advanced integrated circuit (IC) devices in the semiconductor industry in chemical mechanical planarization (CMP) process.

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

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

Keywords: spotlights cabot microelec

Ticker(s): CCMP