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Synaptics Shares Up 16.5% Since SmarTrend's Buy Recommendation (SYNA)
Jan 04, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Synaptics (NASDAQ:SYNA) on November 28th, 2012 at $26.40. In approximately 1 month, Synaptics has returned 16.50% as of today's recent price of $30.75.
Synaptics share prices have moved between a 52-week high of $39.89 and a 52-week low of $22.58 and are now trading 36% above that low price at $30.78 per share. The 200-day and 50-day moving averages have moved 0.33% lower and 1.40% higher over the past week, respectively.
Synaptics Incorporated develops custom-designed user interface solutions. The Company's solutions enable people to interact with a variety of mobile computing and communications devices. Synaptics offers a touch-sensitive pad that senses the position of a person's finger on its surface to provide screen navigation, cursor movement, and a platform of interactive input.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Synaptics shares.Log in and add Synaptics (SYNA) 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
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