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Rambus Inc Has Returned 36.9% Since SmarTrend Recommendation (RMBS)

By James Quinn

SmarTrend identified an Uptrend for Rambus Inc (NASDAQ:RMBS) on January 22nd, 2019 at $8.47. In approximately 5 months, Rambus Inc has returned 36.92% as of today's recent price of $11.59.

In the past 52 weeks, Rambus Inc share prices have been bracketed by a low of $7.17 and a high of $14.61 and are now at $11.59, 62% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

Rambus, Inc. designs, develops, licenses, and markets high-speed chip-to-chip interface technology to enhance the performance and cost-effectiveness of consumer electronics, computer systems, and other electronic systems. The Company licenses semiconductor companies to manufacture and sell memory and logic ICs incorporating rambus interface technology.

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

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

Keywords: spotlights rambus inc

Ticker(s): RMBS