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Monolithic Power Shares Up 29.0% Since SmarTrend's Buy Recommendation (MPWR)

By Nick Russo

SmarTrend identified an Uptrend for Monolithic Power (NASDAQ:MPWR) on June 5th, 2019 at $125.02. In approximately 3 months, Monolithic Power has returned 29.04% as of today's recent price of $161.32.

Over the past year, Monolithic Power has traded in a range of $101.99 to $161.71 and is now at $161.66, 59% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has risen 0.4%.

Monolithic Power Systems, Inc. designs and manufactures power management solutions. The Company provides power conversion, LED lighting, load switches, cigarette lighter adapters, chargers, position sensors, analog input, and other electrical components. Monolithic Power Systems serves customers globally.

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

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

Keywords: spotlights monolithic power

Ticker(s): MPWR