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Shares of CMTL Up 37.1% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Comtech Telecomm (NASDAQ:CMTL) on June 6th, 2019 at $26.25. In approximately 7 months, Comtech Telecomm has returned 37.10% as of today's recent price of $35.99.

In the past 52 weeks, shares of Comtech Telecomm have traded between a low of $20.94 and a high of $38.00 and are now at $35.99, which is 72% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.8%.

Comtech Telecommunications Corp. designs, develops, and manufactures technology electronic products and systems. The Company's communications products are used worldwide for voice, data, facsimile, and video transmissions at microwave frequencies in satellite, over-the-horizon microwave, terrestrial line-of-sight, and wireless telecommunications.

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

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

Keywords: spotlights comtech telecomm

Ticker(s): CMTL