Shares of DTSI Up 74.1% Since Uptrend Call on Shares
SmarTrend identified an Uptrend for DTS Inc (NASDAQ:DTSI) on May 24th, 2016 at $24.34. In approximately 5 months, DTS Inc has returned 74.12% as of today's recent price of $42.38.
Over the past year, DTS Inc has traded in a range of $19.62 to $42.80 and is now at $42.38, 116% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.8%.
DTS, Inc. is a provider of digital multi-channel audio technology, products, and services for entertainment markets worldwide. The Company uses the technology in more than two speakers at once, targeted toward motion picture, home theater, and other consumer markets.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of DTS Inc shares.
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