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Macom Technology Shares Down 11.4% Since SmarTrend's Sell Call (MTSI)

By David Diaz

SmarTrend identified a Downtrend for Macom Technology (NASDAQ:MTSI) on March 27th, 2019 at $16.26. In approximately 2 months, Macom Technology has returned 11.44% as of today's recent price of $14.40.

In the past 52 weeks, Macom Technology share prices have been bracketed by a low of $12.48 and a high of $25.92 and are now at $14.40, 15% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 1.7%.

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 changes in momentum for shares of Macom Technology.

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