Shares of MKSI Up 37.0% Since Uptrend Call on Shares
SmarTrend identified an Uptrend for MKS Instruments (NASDAQ:MKSI) on March 18th, 2016 at $35.95. In approximately 7 months, MKS Instruments has returned 37.01% as of today's recent price of $49.25.
In the past 52 weeks, MKS Instruments share prices have been bracketed by a low of $20.01 and a high of $54.72 and are now at $49.25, 146% above that low price. The 200-day and 50-day moving averages have moved 0.03% higher and 0.76% higher over the past week, respectively.
MKS Instruments, Inc. develops, manufactures, and supplies instruments and components used to control and analyze gases in semiconductor manufacturing and similar industrial manufacturing processes. The Company's products are used to manufacture flat panel displays, magnetic and optical storage devices and media, solar cells, fiber optic cables, and diamond thin films.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of MKS Instruments shares.
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