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Cypress Semicon Shares Up 39.0% Since SmarTrend's Buy Recommendation (CY)

By David Diaz

SmarTrend identified an Uptrend for Cypress Semicon (NASDAQ:CY) on May 31st, 2019 at $16.81. In approximately 8 months, Cypress Semicon has returned 39.01% as of today's recent price of $23.36.

In the past 52 weeks, shares of Cypress Semicon have traded between a low of $12.62 and a high of $23.55 and are now at $23.36, which is 85% above that low price. The 200-day and 50-day moving averages have moved 0.58% higher and 0.02% lower over the past week, respectively.

Cypress Semiconductor Corporation designs, develops, manufactures, and markets a line of digital and mixed-signal integrated circuits. The Company's circuits are used in the data communications, telecommunications, computers, and instrumentation systems markets. Cypress products are marketed worldwide through a network of sales offices, distributors, and sales representative firm.

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

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

Keywords: spotlights cypress semicon

Ticker(s): CY