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TMCNet:  Downtrend Call Working As EZchip Semiconductor Stock Falls 26.9% (EZCH)

[March 15, 2013]

Downtrend Call Working As EZchip Semiconductor Stock Falls 26.9% (EZCH)

Mar 15, 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 26.94% as of today's recent price of $24.12.

EZchip Semiconductor share prices have moved between a 52-week high of $46.79 and a 52-week low of $21.80 and are now trading 11% above that low price at $24.12 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 2.4%.

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 --------------------------------------------------------------------------------------------- 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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