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TMCNet:  Uptrend Call Working As Silicom Stock Rises 47.1% (SILC)

[February 20, 2013]

Uptrend Call Working As Silicom Stock Rises 47.1% (SILC)

Feb 20, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Silicom (NASDAQ:SILC) on January 3rd, 2013 at $18.28. In approximately 2 months, Silicom has returned 47.14% as of today's recent price of $26.89.

In the past 52 weeks, shares of Silicom have traded between a low of $13.11 and a high of $26.96 and are now at $26.89, which is 105% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.6%.

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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