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Nimble Storage I Shares Up 61.2% Since SmarTrend's Buy Recommendation (NMBL)

By Amy Schwartz

SmarTrend identified an Uptrend for Nimble Storage I (:NMBL) on March 2nd, 2016 at $7.75. In approximately 25 months, Nimble Storage I has returned 61.16% as of today's recent price of $12.49.

In the past 52 weeks, shares of Nimble Storage I have traded between a low of $6.18 and a high of $12.58 and are now at $12.49, which is 102% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 2.7%.

Nimble Storage, Inc. provides enterprise storage and back-up solutions. The Company offers hybrid storage arrays, virtual server infrastructure, and flash memory for restoring and backups. Nimble Storage markets its products worldwide.

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

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

Keywords: spotlights :nmbl nimble storage i

Ticker(s): NMBL