Uptrend Call Working As Kemet Stock Rises 26.2% (KEM)
SmarTrend identified an Uptrend for Kemet (AMEX:KEM) on December 19th, 2012 at $4.69. In approximately 1 month, Kemet has returned 26.23% as of today's recent price of $5.92.
Kemet share prices have moved between a 52-week high of $10.16 and a 52-week low of $3.69 and are now trading 60% above that low price at $5.92 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.4% while the 200-day MA has slid 1.4%.
KEMET Corporation manufactures and sells solid tantalum and multilayer ceramic capacitors. The Company's products are used in a wide variety of electronic applications, including communication systems, data processing equipment, personal computers, and military and aerospace systems. KEMET markets its capacitors to original equipment manufacturers around the world.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Kemet shares.
Log in and add Kemet (KEM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Keywords: spotlights amex:kem kemet