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Uptrend Call Working As Semtech Corp Stock Rises 41.6% (SMTC)

By Nick Russo

SmarTrend identified an Uptrend for Semtech Corp (NASDAQ:SMTC) on March 12th, 2018 at $35.28. In approximately 4 months, Semtech Corp has returned 41.60% as of today's recent price of $49.95.

Over the past year, Semtech Corp has traded in a range of $31.30 to $51.90 and is now at $49.95, 60% above that low. The 200-day and 50-day moving averages have moved 0.70% higher and 1.52% higher over the past week, respectively.

Semtech Corporation designs, manufactures, and markets a wide range of analog and mixed-signal semiconductors, including integrated circuits, discrete circuits, and assembly products. The Company's devices are used in computer, communications, industrial, military-aerospace, and automotive applications.

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

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

Keywords: spotlights semtech corp

Ticker(s): SMTC