Shares of MENT Up 39.3% Since Uptrend Call on Shares
SmarTrend identified an Uptrend for Mentor Graphics (NASDAQ:MENT) on April 25th, 2016 at $20.74. In approximately 6 months, Mentor Graphics has returned 39.30% as of today's recent price of $28.89.
Over the past year, Mentor Graphics has traded in a range of $8.50 to $29.14 and is now at $28.89, 240% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.6%.
Mentor Graphics Corporation manufactures, markets, and supports software and hardware electronic design automation products. The Company provides related services which enable engineers to design, analyze, simulate, model, implement, and verify the components of electronic systems.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Mentor Graphics shares.
Log in and add Mentor Graphics (MENT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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