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TMCNet:  Downtrend Call Working As EZchip Semiconductor Stock Falls 31.1% (EZCH)

[April 09, 2013]

Downtrend Call Working As EZchip Semiconductor Stock Falls 31.1% (EZCH)

Apr 09, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for EZchip Semiconductor (NASDAQ:EZCH) on December 31st, 2012 at $33.02. In approximately 3 months, EZchip Semiconductor has returned 31.09% as of today's recent price of $22.75.

In the past 52 weeks, EZchip Semiconductor share prices have been bracketed by a low of $21.46 and a high of $46.79 and are now at $22.69, 6% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.4% while the 200-day MA has slid 0.7%.

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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