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Cabot Microelectronics Upward Momentum Looks to Continue (CCMP)

Written on Sun, 03/14/2010 - 11:29am
By Chip Brian

SmarTrend identified an Uptrend for Cabot Microelectronics (NASDAQ:CCMP) on December 24, 2009 at $33.05. In approximately 2 months, Cabot Microelectronics has returned 11.9% as of today's recent price of $36.97.
Cabot Microelectronics is currently above its 50-day moving average of $34.47 and above its 200-day moving average of $32.73. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cabot Microelectronics shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): CCMP

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