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Shares of IMMR Up 87.0% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Immersion Corp (NASDAQ:IMMR) on December 1st, 2017 at $7.36. In approximately 6 months, Immersion Corp has returned 86.96% as of today's recent price of $13.76.

In the past 52 weeks, shares of Immersion Corp have traded between a low of $5.76 and a high of $14.23 and are now at $13.76, which is 139% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 1%.

Immersion Corporation develops and licenses hardware and software technologies that enable users to interact with computers using their sense of touch. The Company's technologies enable computer peripheral devices to deliver tactile sensations that correspond to on-screen events.

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

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

Keywords: spotlights immersion corp

Ticker(s): IMMR