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Shares of CLS Up 37.0% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Celestica (NYSE:CLS) on July 21st, 2016 at $10.08. In approximately 11 months, Celestica has returned 37.00% as of today's recent price of $13.81.

In the past 52 weeks, Celestica share prices have been bracketed by a low of $8.07 and a high of $14.74 and are now at $13.81, 71% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.4%.

Celestica Inc. designs and manufactures electronic components. The Company's products and services include design, prototyping, printed circuit assembly, full system assembly, power converters, memory packages and repair services. Celestica markets its products and services to original equipment manufacturers, primarily in the computer and communications sector.

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

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

Keywords: spotlights celestica

Ticker(s): CLS