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Vimicro International Shares Up 22.9% Since SmarTrend's Buy Recommendation (VIMC)

By David Diaz

SmarTrend identified an Uptrend for Vimicro International (NASDAQ:VIMC) on July 16th, 2015 at $10.92. In approximately 21 months, Vimicro International has returned 22.93% as of today's recent price of $13.43.

In the past 52 weeks, Vimicro International share prices have been bracketed by a low of $8.18 and a high of $16.49 and are now at $13.43, 64% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

Vimicro International Corporation manufactures audio and video signal processing chips that enable multimedia communications and applications.

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

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

Keywords: spotlights vimicro international

Ticker(s): VIMC