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Uptrend Call Working As Carbonite Inc Stock Rises 27.8% (CARB)

By Amy Schwartz

SmarTrend identified an Uptrend for Carbonite Inc (NASDAQ:CARB) on February 15th, 2018 at $27.25. In approximately 3 months, Carbonite Inc has returned 27.80% as of today's recent price of $34.83.

In the past 52 weeks, Carbonite Inc share prices have been bracketed by a low of $8.81 and a high of $37.20 and are now at $34.83, 295% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 1.4%.

Carbonite Inc. is a data protection solutions provider. The Company provides cloud and hybrid data protection solutions for businesses to ensure the data is protected, available and useful.

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

Log in and add Carbonite Inc (CARB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights carbonite inc

Ticker(s): CARB