SmarTrend identified an Uptrend for Kla-Tencor (NASDAQ:KLAC) on December 10th, 2012 at $47.48. In approximately 2 months, Kla-Tencor has returned 17.96% as of today's recent price of $56.00.

In the past 52 weeks, Kla-Tencor share prices have been bracketed by a low of $33.20 and a high of $57.97 and are now at $56.00, 69% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%.

KLA-Tencor Corporation manufactures yield management and process monitoring systems for the semiconductor industry. The Company's systems are used to analyze product and process quality at critical steps in the manufacture of circuits and provide feedback so that fabrication problems can be identified. KLA-Tencor operates sales, service, and application centers worldwide.

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

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