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Shares of MX Up 20.1% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for MagnaChip Semiconductor Corp (NYSE:MX) on February 6th, 2019 at $6.88. In approximately 2 months, MagnaChip Semiconductor Corp has returned 20.06% as of today's recent price of $8.26.

In the past 52 weeks, MagnaChip Semiconductor Corp share prices have been bracketed by a low of $5.75 and a high of $13.06 and are now at $8.26, 44% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 3.0%.

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

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

Keywords: spotlights magnachip semiconductor corp

Ticker(s): MX