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Shares of BRCD Up 30.2% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Brocade Comm Sys (:BRCD) on October 31st, 2016 at $9.78. In approximately 24 months, Brocade Comm Sys has returned 30.16% as of today's recent price of $12.73.

Brocade Comm Sys share prices have moved between a 52-week high of $12.74 and a 52-week low of $11.43 and are now trading 11% above that low price at $12.73 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

Brocade Communications Systems, Inc. provides switching solutions for storage area networks (SAN). The Company offers switches, storage and software networking, routers, network automation, visibility, and analytics, transceivers, and network management products and services. Brocade Communications Systems serves customers worldwide.

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

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

Keywords: spotlights :brcd brocade comm sys

Ticker(s): BRCD