Uptrend Call Working As Integrated Device Technology Stock Rises 23.0% (IDTI)
SmarTrend identified an Uptrend for Integrated Device Technology (NASDAQ:IDTI) on November 30th, 2012 at $6.23. In approximately 2 months, Integrated Device Technology has returned 22.95% as of today's recent price of $7.66.
In the past 52 weeks, shares of Integrated Device Technology have traded between a low of $4.60 and a high of $8.74 and are now at $7.66, which is 67% above that low price. The 200-day and 50-day moving averages have moved 0.09% higher and 1.08% higher over the past week, respectively.
Integrated Device Technology, Inc. designs, develops, manufactures, and markets a variety of semiconductor products and modules. Applications for the Company's products include data and telecommunications equipment, storage area networks, networked peripherals and servers, and personal computers. The Company markets its products on a worldwide basis primarily to original equipment manufacturers.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Integrated Device Technology shares.
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Keywords: spotlights integrated device technology