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Allied Motion Te Up 3.6% Since SmarTrend Uptrend Call (AMOT)

By James Quinn

SmarTrend identified an Uptrend for Allied Motion Te (NASDAQ:AMOT) on April 8th, 2020 at $26.49. In approximately 1 month, Allied Motion Te has returned 3.64% as of today's recent price of $27.45.

Over the past year, Allied Motion Te has traded in a range of $19.00 to $49.98 and is now at $27.45, 44% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1.9%.

Allied Motion Technologies, Inc. designs, manufactures, and sells motion control products into applications that serve various industry sectors. The Company supplies precision and specialty motion control components and systems to a range of customers throughout the world.

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

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

Keywords: spotlights allied motion te

Ticker(s): AMOT