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Shares of AMOT Up 29.8% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Allied Motion Te (NASDAQ:AMOT) on March 15th, 2018 at $36.43. In approximately 2 months, Allied Motion Te has returned 29.78% as of today's recent price of $47.28.

In the past 52 weeks, Allied Motion Te share prices have been bracketed by a low of $15.54 and a high of $47.66 and are now at $47.23, 204% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has remained constant.

Allied Motion Technologies, Inc. designs, manufactures, and sells motion control products into applications that serve various industry sectors. The Company supplies precision and specialty motion control components and systems to a range of customers throughout the world.

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

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

Keywords: spotlights allied motion te

Ticker(s): AMOT