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Uptrend Call Working As Tessera Technologies Stock Rises 35.1% (TSRA)

By Nick Russo

SmarTrend identified an Uptrend for Tessera Technologies (NASDAQ:TSRA) on August 19th, 2016 at $33.06. In approximately 10 months, Tessera Technologies has returned 35.08% as of today's recent price of $44.65.

In the past 52 weeks, shares of Tessera Technologies have traded between a low of $26.21 and a high of $45.95 and are now at $44.65, which is 70% above that low price. The 200-day and 50-day moving averages have moved 0.31% lower and 0.51% higher over the past week, respectively.

Tessera Technologies Inc. provides proprietary chip scale packaging technology. The Company's technology accelerates demand for performance and miniaturization in wireless communications, Internet access, and computing and consumer electronics.

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

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

Keywords: spotlights tessera technologies

Ticker(s): TSRA