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Nanometrics Has Returned 32.8% Since SmarTrend Recommendation (NANO)

By David Diaz

SmarTrend identified an Uptrend for Nanometrics (NASDAQ:NANO) on October 28th, 2016 at $21.92. In approximately 5 months, Nanometrics has returned 32.82% as of today's recent price of $29.12.

Over the past year, Nanometrics has traded in a range of $11.91 to $29.55 and is now at $29.12, 145% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 2.4%.

Nanometrics Incorporated manufactures film thickness and overlay metrology systems. The Company's products are used for advanced integrated circuit, flat panel display, and magnetic head manufacturing.

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

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

Keywords: spotlights nanometrics

Ticker(s): NANO