• Return to Headlines

Downtrend Call Working As Macom Technology Stock Falls 59.1% (MTSI)

By Shiri Gupta

SmarTrend identified a Downtrend for Macom Technology (NASDAQ:MTSI) on August 2nd, 2017 at $47.27. In approximately 9 months, Macom Technology has returned 59.15% as of today's recent price of $19.31.

In the past 52 weeks, shares of Macom Technology have traded between a low of $15.46 and a high of $65.99 and are now at $19.31, which is 25% above that low price. The 200-day and 50-day moving averages have moved 0.33% higher and 0.32% higher over the past week, respectively.

MACOM Technology Solutions Holdings, Inc. provides analog semiconductor solutions. The Company supplies semiconductors, active and passive components, and sub-assemblies for use in radio frequency, microwave, and millimeter wave applications. MACOM Technology Solutions serves customers throughout the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Macom Technology.

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

Keywords: spotlights macom technology

Ticker(s): MTSI