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Uptrend Call Working As Applied Micro Ci Stock Rises 27.3% (AMCC)

By Amy Schwartz

SmarTrend identified an Uptrend for Applied Micro Ci (:AMCC) on October 28th, 2016 at $6.64. In approximately 18 months, Applied Micro Ci has returned 27.26% as of today's recent price of $8.45.

Applied Micro Ci share prices have moved between a 52-week high of $9.05 and a 52-week low of $4.93 and are now trading 71% above that low price at $8.45 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

Applied Micro Circuits Corporation designs, develops, manufactures, and markets high-performance, high-bandwidth silicon solutions for the world's communications infrastructure. The Company provides products for the automated test equipment, high-speed computing, and military markets.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Applied Micro Ci shares.

Log in and add Applied Micro Ci (AMCC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights :amcc applied micro ci

Ticker(s): AMCC