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Digimarc Corp Up 69.3% Since SmarTrend Uptrend Call (DMRC)

By James Quinn

SmarTrend identified an Uptrend for Digimarc Corp (NASDAQ:DMRC) on January 7th, 2019 at $17.75. In approximately 2 months, Digimarc Corp has returned 69.30% as of today's recent price of $30.05.

Over the past year, Digimarc Corp has traded in a range of $14.03 to $39.95 and is now at $30.05, 114% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 4.1% while the 200-day MA has remained constant.

Digimarc Corporation provides digital watermarking technologies that allow imperceptible digital code to be embedded in printed and digital versions of visual content. Content includes movies, photographic and artistic images, and valuable documents such as financial instruments, passports, and tickets.

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

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

Keywords: spotlights digimarc corp

Ticker(s): DMRC