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Immersion Corp Shares Down 22.6% Since SmarTrend's Sell Call (IMMR)

By Shiri Gupta

SmarTrend identified a Downtrend for Immersion Corp (NASDAQ:IMMR) on July 31st, 2018 at $14.10. In approximately 1 month, Immersion Corp has returned 22.62% as of today's recent price of $10.91.

In the past 52 weeks, shares of Immersion Corp have traded between a low of $5.76 and a high of $17.70 and are now at $10.89, which is 89% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has declined 2.9%.

Immersion Corporation develops and licenses hardware and software technologies that enable users to interact with computers using their sense of touch. The Company's technologies enable computer peripheral devices to deliver tactile sensations that correspond to on-screen events.

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

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

Keywords: spotlights immersion corp

Ticker(s): IMMR