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iRobot Shares Up 16.5% Since SmarTrend's Buy Recommendation (IRBT)

By Amy Schwartz

SmarTrend identified an Uptrend for iRobot (NASDAQ:IRBT) on August 1st, 2016 at $38.13. In approximately 3 months, iRobot has returned 16.49% as of today's recent price of $44.41.

iRobot share prices have moved between a 52-week high of $48.36 and a 52-week low of $16.25 and are now trading 173% above that low price at $44.41 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.6%.

iRobot Corporation manufactures robots that vacuum and wash floors, and perform battlefield reconnaissance and bomb disposal. The Company markets its products to consumers through retailers, and to the United States military and other government agencies worldwide.

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

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

Keywords: spotlights iRobot

Ticker(s): IRBT