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Technical Analysis
- 11/19/2009 8:56:49 AM
By Chip Brian, SmarTrend Analytics Team
Power Integrations (NASDAQ:POWI) downgraded to Neutral from Buy at BofA/Merrill. The stock closed yesterday at $35.03 on volume of 97,455 shares, below average daily volume of 292,808.
Power Integrations is currently above its 50-day moving average of $33.07 and above its 200-day moving average of $25.58.
SmarTrend is bullish on shares of POWI and our subscribers received an Uptrend alert on May 18, 2009 at $20.26, which has returned 72.9% to date.
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