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Uptrend Call Working As IPG Photonics Stock Rises 67.9% (IPGP)

By James Quinn

SmarTrend identified an Uptrend for IPG Photonics (NASDAQ:IPGP) on October 10th, 2016 at $85.54. In approximately 8 months, IPG Photonics has returned 67.94% as of today's recent price of $143.65.

In the past 52 weeks, IPG Photonics share prices have been bracketed by a low of $60.31 and a high of $146.49 and are now at $143.65, 138% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has remained constant.

IPG Photonics Corporation produces high-power fiber lasers and amplifiers. The Company develops and commercializes optical fiber-based lasers used in a wide range of applications such as materials processing, telecommunications and medical applications.

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

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

Keywords: spotlights ipg photonics

Ticker(s): IPGP