SmarTrend identified an Uptrend for MIPS Technologies (NASDAQ:MIPS) on April 13th, 2012 at $6.41. In approximately 8 months, MIPS Technologies has returned 17.41% as of today's recent price of $7.52.

In the past 52 weeks, MIPS Technologies share prices have been bracketed by a low of $3.87 and a high of $10.95 and are now at $7.52, 94% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.3%.

MIPS Technologies, Inc. designs high-performance processors and related intellectual property for use in a variety of consumer devices and business equipment. The Company's processor designs are based on 32- and 64-bit reduced instruction set computing architectures. MIPS licenses its processor designs and related intellectual property to semiconductor manufacturers.

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

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