Shares of BRKS Up 29.1% Since Uptrend Call on Shares
SmarTrend identified an Uptrend for Brooks Automation (NASDAQ:BRKS) on May 24th, 2016 at $10.37. In approximately 5 months, Brooks Automation has returned 29.09% as of today's recent price of $13.38.
Over the past year, Brooks Automation has traded in a range of $8.33 to $13.96 and is now at $13.38, 61% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.2%.
Brooks Automation, Inc. delivers automation solutions to the global semiconductor and related industries. The Company's hardware, factory/tool management software, and professional services can manage every wafer, reticle, and data movement in the Fab. Brooks helps semiconductor manufacturers optimize throughput, yield, and cost reduction.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Brooks Automation shares.
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