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50.7% Return Seen to Date on SmarTrend Silicom Call (SILC)
Mar 06, 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 50.70% as of today's recent price of $27.54.
In the past 52 weeks, Silicom share prices have been bracketed by a low of $13.11 and a high of $27.55 and are now at $27.54, 110% above that low price. The 200-day and 50-day moving averages have moved 1.14% higher and 2.53% higher over the past week, respectively.
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
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