SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of Netgear (NTGR)
SmarTrend identified an Uptrend for Netgear (NASDAQ:NTGR) on February 10, 2010 at $24.36. In approximately 4 weeks, Netgear has returned 11.1% as of today's recent price of $27.06.
Netgear is currently above its 50-day moving average of $22.93 and above its 200-day moving average of $18.82. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Netgear shares.
Keywords: Stock research report chart fundamental technical analysis
Ticker(s): NTGR