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Uptrend Call Working As Harmonic Inc Stock Rises 48.9% (HLIT)

By Amy Schwartz

SmarTrend identified an Uptrend for Harmonic Inc (NASDAQ:HLIT) on March 5th, 2018 at $3.60. In approximately 7 months, Harmonic Inc has returned 48.89% as of today's recent price of $5.36.

In the past 52 weeks, shares of Harmonic Inc have traded between a low of $2.62 and a high of $6.17 and are now at $5.36, which is 105% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 0.5%.

Harmonic Inc. designs, manufactures, and markets digital and fiber optic systems. The Company's systems enable cable, satellite, and wireless operators to deliver video, Internet, telephony, and high-speed data services. Harmonic's TRANsend digital product line combines and customizes content from a variety of sources.

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

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

Keywords: spotlights harmonic inc

Ticker(s): HLIT