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CVD Equipment Shares Up 29.1% Since SmarTrend's Buy Recommendation (CVV)

By Nick Russo

SmarTrend identified an Uptrend for CVD Equipment (AMEX:CVV) on June 23rd, 2016 at $8.30. In approximately 12 months, CVD Equipment has returned 29.11% as of today's recent price of $10.71.

Over the past year, CVD Equipment has traded in a range of $6.25 to $13.72 and is now at $10.92, 75% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 0.5%.

CVD Equipment Corporation develops, manufactures, and markets chemical vapor deposition equipment, annealing furnaces, and etching systems. The Company also manufactures gas flow control systems and quartzware. CVD's products are sold to the semiconductor, optoelectronic, wireless telecommunications, and aerospace industries.

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

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

Keywords: spotlights amex:cvv cvd equipment

Ticker(s): CVV