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TMCNet:  Super Micro Computer Down 27.0% Since SmarTrend Downtrend Call (SMCI)

[November 23, 2012]

Super Micro Computer Down 27.0% Since SmarTrend Downtrend Call (SMCI)

Nov 23, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Super Micro Computer (NASDAQ:SMCI) on October 3rd, 2012 at $11.65. In approximately 2 months, Super Micro Computer has returned 27.04% as of today's recent price of $8.50.

In the past 52 weeks, Super Micro Computer share prices have been bracketed by a low of $7.85 and a high of $18.87 and are now at $8.50, 8% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 2.5%.

Super Micro Computer, Inc. designs, develops, manufactures and sells server solutions based on modular and open-standard x86 architecture. The Company's products include servers, motherboards, chassis, and accessories.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Super Micro Computer.

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

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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