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EZchip Semiconductor Shares Down 27.3% Since SmarTrend's Sell Call (EZCH)
Mar 07, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for EZchip Semiconductor (NASDAQ:EZCH) on December 31st, 2012 at $33.02. In approximately 2 months, EZchip Semiconductor has returned 27.31% as of today's recent price of $24.00.
EZchip Semiconductor share prices have moved between a 52-week high of $46.79 and a 52-week low of $22.81 and are now trading 5% above that low price at $24.00 per share. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 2.1%.
EZchip Semiconductor Ltd. is a fabless semiconductor company that develops Ethernet network processors.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of EZchip Semiconductor.
Log in and add EZchip Semiconductor (EZCH) 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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