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TMCNet:  Silicom Has Returned 33.7% Since SmarTrend Recommendation (SILC)

[February 07, 2013]

Silicom Has Returned 33.7% Since SmarTrend Recommendation (SILC)

Feb 07, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Silicom (NASDAQ:SILC) on January 3rd, 2013 at $18.28. In approximately 1 month, Silicom has returned 33.73% as of today's recent price of $24.44.

Over the past year, Silicom has traded in a range of $13.11 to $25.08 and is now at $24.44, 86% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 2.0%.

Silicom Ltd. designs, manufactures, markets, and supports Multi-Port Gigabit-Ethernet Server Adapters. The Company sells its Multi-Port Gigabit-Ethernet Server Networking Adapters (including its Bypass Adapters) mainly to original equipment manufacturers, or OEMs.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Silicom shares.Log in and add Silicom (SILC) 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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