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Uptrend Call Working As Brocade Comm Sys Stock Rises 30.2% (BRCD)

By Shiri Gupta

SmarTrend identified an Uptrend for Brocade Comm Sys (:BRCD) on October 31st, 2016 at $9.78. In approximately 18 months, Brocade Comm Sys has returned 30.16% as of today's recent price of $12.73.

In the past 52 weeks, Brocade Comm Sys share prices have been bracketed by a low of $8.50 and a high of $12.74 and are now at $12.73, 50% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has slid 0.5%.

Brocade Communications Systems, Inc. provides switching solutions for storage area networks (SAN). The Company offers switches, storage and software networking, routers, network automation, visibility, and analytics, transceivers, and network management products and services. Brocade Communications Systems serves customers worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Brocade Comm Sys shares.

Log in and add Brocade Comm Sys (BRCD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights :brcd brocade comm sys

Ticker(s): BRCD