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Uptrend Call Working As Systemax Stock Rises 25.0% (SYX)

By Nick Russo

SmarTrend identified an Uptrend for Systemax (NYSE:SYX) on March 28th, 2017 at $9.94. In approximately 3 weeks, Systemax has returned 25.01% as of today's recent price of $12.42.

Systemax share prices have moved between a 52-week high of $13.46 and a 52-week low of $6.68 and are now trading 86% above that low price at $12.42 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.5%.

Systemax Inc. is a direct marketer of private label and brand name personal computers and related supplies, as well as industrial products, through branded websites and direct mail catalogs. The Company offers its own brand of Systemax built-to-order personal computers, including desktops and servers. Systemax operates in North America and in Europe.

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

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

Keywords: spotlights systemax

Ticker(s): SYX