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Mentor Graphics Up 79.6% Since SmarTrend Uptrend Call (MENT)

By Amy Schwartz

SmarTrend identified an Uptrend for Mentor Graphics (:MENT) on April 25th, 2016 at $20.74. In approximately 32 months, Mentor Graphics has returned 79.60% as of today's recent price of $37.25.

In the past 52 weeks, shares of Mentor Graphics have traded between a low of $19.05 and a high of $37.29 and are now at $37.25, which is 96% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Mentor Graphics Corporation manufactures, markets, and supports software and hardware electronic design automation products. The Company provides related services which enable engineers to design, analyze, simulate, model, implement, and verify the components of electronic systems.

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

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

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Ticker(s): MENT