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Harmonic: The Trend Continues Up (HLIT)

Written on Sun, 03/14/2010 - 10:50am
By Chip Brian

SmarTrend identified an Uptrend for Harmonic (NASDAQ:HLIT) on December 14, 2009 at $5.99. In approximately 3 months, Harmonic has returned 12% as of today's recent price of $6.71.
Harmonic is currently above its 50-day moving average of $6.32 and above its 200-day moving average of $6.13. 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 Harmonic shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): HLIT

Contact Chip Brian



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