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Macom Technology Has Returned 17.8% Since SmarTrend Recommendation (MTSI)

By James Quinn

SmarTrend identified an Uptrend for Macom Technology (NASDAQ:MTSI) on May 2nd, 2018 at $21.16. In approximately 2 months, Macom Technology has returned 17.82% as of today's recent price of $24.93.

Over the past year, Macom Technology has traded in a range of $15.46 to $65.99 and is now at $24.93, 61% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has advanced 2.0%.

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 shifts in the trajectory of Macom Technology shares.

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