Shares of LOGM Up 38.9% Since Uptrend Call on Shares
SmarTrend identified an Uptrend for LogMeIn (NASDAQ:LOGM) on April 26th, 2013 at $21.54. In approximately 4 months, LogMeIn has returned 38.93% as of today's recent price of $29.92.
In the past 52 weeks, shares of LogMeIn have traded between a low of $16.12 and a high of $31.74 and are now at $29.92, which is 86% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.8%.
LogMeIn, Inc. offers remote connectivity services to computers for mobile professionals, and help desk and systems administrators worldwide.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of LogMeIn shares.
Log in and add LogMeIn (LOGM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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