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Shares of CY Up 39.6% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Cypress Semicon (NASDAQ:CY) on May 31st, 2019 at $16.81. In approximately 6 months, Cypress Semicon has returned 39.57% as of today's recent price of $23.46.

Over the past year, Cypress Semicon has traded in a range of $11.86 to $23.50 and is now at $23.45, 98% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has remained constant.

Cypress Semiconductor Corporation designs, develops, manufactures, and markets a line of digital and mixed-signal integrated circuits. The Company's circuits are used in the data communications, telecommunications, computers, and instrumentation systems markets. Cypress products are marketed worldwide through a network of sales offices, distributors, and sales representative firm.

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

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

Keywords: spotlights cypress semicon

Ticker(s): CY